8915 Elizabeth Ave Contingent Save Request In-Person Tour Request Virtual Tour
South Gate,CA 90280
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID DW25127504
Bedrooms 5
Lot Size 7,017 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
For sale in the vibrant city of South Gate, this well-maintained 5-unit apartment building presents a strong investment opportunity at a list price of $999,888. The property features a desirable unit mix of three 1-bedroom/1-bath units and two spacious 2-bedroom/1-bath units, appealing to a variety of tenants. With a solid 4.65% cap rate, this income-producing asset offers both stability and long-term growth potential. Situated in a high-demand rental market, the building benefits from steady occupancy and proximity to local amenities, schools, and transit.
For sale in the vibrant city of South Gate, this well-maintained 5-unit apartment building presents a strong investment opportunity at a list price of $999,888. The property features a desirable unit mix of three 1-bedroom/1-bath units and two spacious 2-bedroom/1-bath units, appealing to a variety of tenants. With a solid 4.65% cap rate, this income-producing asset offers both stability and long-term growth potential. Situated in a high-demand rental market, the building benefits from steady occupancy and proximity to local amenities, schools, and transit.
Location
State CA
County Los Angeles
Area South Gate (90280)
Zoning Assessor
Building
Story 2
Others
Acceptable Financing Cash,Conventional,Exchange
Space Rent $1,256
Listing Terms Cash,Conventional,Exchange