8181 Commercial Pl, South Gate, CA 90280
- $1,100,000
- 7
- BD
- 7
- BA
- 2,948
- SqFt
- List Price
- $1,100,000
- MLS#
- 26875519
- Year Built
- 1923
- Bedrooms
- 7
- Bathrooms
- 7
- Living Sq. Ft
- 2,948
- Lot Size
- 8,998
- Days on Market
- 2
- Property Type
- Multifamily
- Stories
- 1
Property Description
Excellent 7-unit apartment investment opportunity in the high-demand South Gate rental market. Priced at just $157,143 per unit, the property features 100% single-story construction and an attractive unit mix consisting entirely of 1-bedroom/1-bath units. Current rents offer approximately 59% upside, providing investors with significant potential to increase income over time. Additional property features include open-space parking and on-site tenant storage. The property is situated on an approximately 8,998 SF lot and is subject to AB 1482 with no local rent control. An attractive value-add opportunity at a low cost per unit in a strong infill rental market.
Additional Information
- Other Buildings
- Other
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Parking Space
Mortgage Calculator
Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian - CA DRE#01462598
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