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.
Property Details
Price:
$999,888
MLS #:
DW25127504
Status:
Active Under Contract
Baths:
0
Address:
8915 Elizabeth Ave
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
t4southgateeof710
City:
South Gate
Listed Date:
Jun 5, 2025
State:
CA
ZIP:
90280
Lot Size:
7,017 sqft / 0.16 acres (approx)
Year Built:
1949
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Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
4.00
Lot Features
0-1 Unit/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
None
Stories Total
2
Water Source
None
Financial
Map
Community
- Address8915 Elizabeth Ave South Gate CA
- AreaT4 – South Gate E of 710
- CitySouth Gate
- CountyLos Angeles
- Zip Code90280
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8915 Elizabeth Ave
South Gate, CA
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