We are pleased to present a rare opportunity to acquire an eight-unit apartment community located on a private cul-de-sac in La Mirada. The property features a desirable unit mix of four one-bedroom and four two-bedroom apartments, appealing to a wide range of renters. The asset is currently operating at a cap rate of approximately 5.5% on in-place numbers, offering strong day-one cash flow with meaningful upside potential through interior upgrades and rent increases. Situated less than one mile from Biola University, the property benefits from steady rental demand supported by a consistent student population as well as proximity to major employers, schools, and regional amenities. The location combines a strong rental market with the quiet privacy of a cul-de-sac setting—driving both tenant retention and long-term stability. This is an ideal opportunity for investors seeking a well-located, low-density multifamily asset with immediate income, prove demand drivers, and value-add potential.
Property Details
Price:
$2,050,000
MLS #:
PW25239716
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
m3
Listed Date:
Oct 14, 2025
Total Sq Ft:
6,105
Lot Size:
7,786 sqft / 0.18 acres (approx)
Year Built:
1960
See this Listing
Schools
Interior
Laundry Features
AR
Exterior
Community Features
SDW
Parking Spots
8
Financial
Map
Community
- AddressGagely Lot 2 La Mirada CA
- CityLa Mirada
- CountyLos Angeles
- Zip Code90638
Market Summary
Current real estate data for Single Family in La Mirada as of Nov 01, 2025
49
Single Family Listed
38
Avg DOM
469
Avg $ / SqFt
$822,309
Avg List Price
Property Summary
- Gagely Lot 2 La Mirada CA is a Single Family for sale in La Mirada, CA, 90638. It is listed for $2,050,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1960. The average price per square foot for Single Family listings in La Mirada is $469. The average listing price for Single Family in La Mirada is $822,309.
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