8181 Commercial Pl, South Gate, CA 90280
- $1,100,000
- 7
- BD
- 7
- BA
- 2,948
- SqFt
- List Price
- $1,100,000
- MLS#
- 26875519
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 7
- Bathrooms
- 7
- Living Area
- 2,948
Property Description
BACK ON THE MARKET! 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 46% upside, providing investors with significant potential to increase income over time. Additional property features include ample on-site parking with 10 parking spaces and capacity for up to 11-12 vehicles, per Seller, along with additional on-site 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
- Year Built
- 1923
- Garage
- Parking Space
Mortgage Calculator
Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian.
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