South Gate, CA 90280,8915 Elizabeth Ave
$1,125,000
Est. payment /mo
$999,888
12.5%
Est.Price: ?

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3,262 SqFt
SOLD DATE : 09/08/2025

Key Details

Sold Price $1,125,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,262 sqft

Price per Sqft $344

MLS Listing ID CRDW25127504

Sold Date 09/08/25

HOA Y/N No

Year Built 1949

Lot Size 7,017 Sqft

Acres 0.16

Property Sub-Type Other

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

Building

New Construction No

Others

Tax ID 6210023022

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Bridge MLS
Listed by Gil Legaspi • Legaspi Commercial
Bought with JerryMercado

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