8915 Elizabeth Ave new Save Request In-Person Tour Request Virtual Tour
South Gate,CA 90280
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25127504
HOA Y/N No
Year Built 1949
Lot Size 7,017 Sqft
Property Sub-Type Apartment
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
Area T4 - South Gate E Of 710
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Utilities Available Sewer Not Available,Water Not Available
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer None
Water None
New Construction No
Others
Senior Community No
Tax ID 6210023022
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard