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.
Under contract
Listing Provided by:
Gil Legaspi DRE #01265976 562-305-0788,
Legaspi Commercial
$999,888
8915 Elizabeth Ave, South Gate, CA 90280
7beds
1baths
3,262sqft
Est.:
Multi Family
Built in 1949
-- sqft lot
$1,009,300 Zestimate®
$307/sqft
$-- HOA
What's special
- 73 days
- on Zillow |
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