Bought with Jerry Mercado • Realty Executives Com. & Res.
$1,125,000
$999,888
12.5%For more information regarding the value of a property, please contact us for a free consultation.
8915 Elizabeth Ave South Gate, CA 90280
3,262 SqFt
Key Details
Sold Price $1,125,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,262 sqft
Price per Sqft $344
MLS Listing ID CRDW25127504
Sold Date 09/08/25
HOA Y/N No
Year Built 1949
Lot Size 7,017 Sqft
Property Sub-Type Other
Source Datashare California Regional
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Read Less
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