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Listed by Gil Legaspi • Legaspi Commercial
$ 999,888
Est. payment | /mo
7,017 Sqft Lot
$ 999,888
Est. payment | /mo
7,017 Sqft Lot
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRDW25127504
Year Built 1949
Lot Size 7,017 Sqft
Source California Regional MLS
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
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Building
Sewer None
Others
Tax ID 6210023022
Special Listing Condition Not Applicable , Accepting Backups
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Dave Lucas
REALTOR® | Lic# 02092197