Discover this rare 8-unit apartment investment located in the heart of South Gate. Built in 1946, this well-maintained property offers 5,315 SF of rentable space on a 11,572 SF lot, providing a balanced mix of vintage charm and future upside potential, with potential for Seller Financing. This property is strategically positioned in a dense rental market, benefiting from strong tenant demand and historically low vacancy rates. With a competitive asking price, investors have the opportunity to secure stable in-place income with room to improve rents over time and drive future value. Whether you’re a seasoned multifamily investor or a 1031 exchange buyer looking for a secure, income-producing asset, 3164 Cherokee Ave offers the ideal combination of cash flow, upside, and location.
Key Highlights:
Seller Financing Potential
Unit Mix: Four 2Bed+1Bath and Four 1Bed + 1Bath
Single Story Layout w/Potential For ADU(s)
Strong Cap Rate (Actual): 5.30% with +/-41.12% Rental Upside
No Municipal Rent Control (buyer to verify)
Key Highlights:
Seller Financing Potential
Unit Mix: Four 2Bed+1Bath and Four 1Bed + 1Bath
Single Story Layout w/Potential For ADU(s)
Strong Cap Rate (Actual): 5.30% with +/-41.12% Rental Upside
No Municipal Rent Control (buyer to verify)
Property Details
Price:
$2,000,000
MLS #:
AR25228041
Status:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699
Listed Date:
Sep 29, 2025
Total Sq Ft:
5,315
Lot Size:
11,575 sqft / 0.27 acres (approx)
Year Built:
1946
See this Listing
Schools
Interior
Laundry Features
GE
Exterior
Community Features
SDW, SL, CRB
Financial
Map
Community
- Address3164 Cherokee AV Lot 13 South Gate CA
- CitySouth Gate
- CountyLos Angeles
- Zip Code90280
Market Summary
Current real estate data for Single Family in South Gate as of Oct 29, 2025
33
Single Family Listed
135
Avg DOM
491
Avg $ / SqFt
$883,508
Avg List Price
Property Summary
- 3164 Cherokee AV Lot 13 South Gate CA is a Single Family for sale in South Gate, CA, 90280. It is listed for $2,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1946. The average price per square foot for Single Family listings in South Gate is $491. The average listing price for Single Family in South Gate is $883,508.
Similar Listings Nearby
Courtesy of KW Executive. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.3164 Cherokee AV Lot 13
South Gate, CA