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Listed by Gil Legaspi • Legaspi Commercial
$ 999,888
Est. payment /mo
Pending
8915 Elizabeth Ave South Gate, CA 90280
3,262 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 3,262 sqft
Price per Sqft $306
MLS Listing ID CRDW25127504
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
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