8915 Elizabeth Ave - Apartments FOR SALE


South Gate, CA 90280
$999,888 USD
562-305-0788
8915 Elizabeth Ave, South Gate, CA for Sale
$999,888 USD
Apartments - FOR SALE
1/3
null | 4.65% Cap Rate

8915 Elizabeth Ave
South Gate, CA 90280


OVERVIEW

(PRINCIPALS ONLY)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

FOR SALE DETAILS

PRICE

$999,888 USD

PRICE/SF

$188 USD /SF

# OF UNITS

5

PRICE/UNIT

$199,978

CAP RATE

4.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,131 SF

ZONING

NL-CT

APN/PARCEL ID

6210-023-022

ASK ABOUT THIS PROPERTY

Gil LegaspiLegaspi Commercial, IncMore Info
562-305-0788

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Gil LegaspiLegaspi Commercial, IncMore Info
562-305-0788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.