South Gate, CA 90280,8915 Elizabeth Ave
South Gate, CA 90280,8915 Elizabeth Ave
South Gate, CA 90280,8915 Elizabeth Ave
13
Listed by Gil Legaspi • Legaspi Commercial
Bought with Jerry Mercado
$1,125,000
$999,888
12.5%
Est.Price: ?

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7,017 Sqft Lot

8915 Elizabeth Ave South Gate, CA 90280

Est. payment /mo
SOLD DATE : 09/08/2025

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Key Details

Sold Price $1,125,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRDW25127504

Year Built 1949

Lot Size 7,017 Sqft

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

Special Listing Condition Not Applicable

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Alex Tai

Alex Tai

Founder | License ID: 02025613

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