
South Gate, California 90280
This 7-unit High-Potential Investment Opportunity is listed at $1,725,000, positioned well below the $1,738,447 Fair Market Value by 0.77%. This valuation gap offers $13,447 in Instant Equity. Featuring a Unique Detached Layout on a large 19,229 sqft lot, the property maintains a Condition Rating of 4, offering stable income with significant upside through modernization. With no local rent control and high rental demand, this is a prime acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8427 Otis Street Subject | $1,725,000* List Price | 0 | 0 | 5,466 | $318 | - |
A 9723 San Juan Active | $1,499,999 List Price | 0 | 0 | 3,960 | $379 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is over 70 years old. While the interior photos show some functional updates such as granite countertops and stainless steel appliances, the cabinetry is dated and showing wear, and the exterior stucco and concrete surfaces show significant age. It remains move-in ready for tenants but requires modernization of systems and cosmetic finishes to reach a 'Good' rating.
The property consists of all single-story detached units, a rare find that maximizes tenant privacy by eliminating shared walls, significantly increasing its marketability and rental appeal.
With no local city rent control and situated in a high-demand rental corridor, this asset offers substantial opportunities to increase below-market rents and enhance long-term cash flow.
The large 19,229 square foot lot is spread across two separate parcels, providing ample parking, a private driveway, and potential flexibility for future value-add configurations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5466, other record living area = 3168.
Built in 1951, the property may require more frequent maintenance and capital improvements to manage aging systems compared to newer multi-family developments.
The surrounding public schools have predominantly average to below-average ratings, which may impact the property's appeal to families prioritizing high-performing educational districts.
This rare 7-unit apartment investment opportunity in South Gate offers investors a well-maintained income property with strong upside potential in one of Southern California’s consistently high-demand rental markets. Built in 1951, the property features approximately 5,466 square feet of rentable space situated on a spacious 19,229 square foot lot. Strategically positioned in a dense rental corridor with historically low vacancy rates, the property provides stable in-place income with the opportunity to increase rents over time and enhance long-term value. The attractive layout features all single-story detached units, creating a desirable living environment for tenants while minimizing shared walls and maximizing privacy. The versatile unit mix consists of: • Two (2) 1-Bedroom / 1-Bath detached units, each with an attached garage • Five (5) 2-Bedroom / 1-Bath detached units Additional improvements include two rear garage structures offering a total of (6) garages, along with open onsite parking for tenants. Tenants pay their own gas and electricity, helping reduce owner operating expenses. The property spans two separate lots, with one parcel containing four units and the second parcel containing three units and additional parking areas. A long private driveway enhances tenant privacy and provides convenient access throughout the property. With no local city rent control, strong tenant demand, and significant long-term upside potential, this is an exceptional opportunity for investors seeking dependable cash flow and future appreciation in a highly sought-after rental market.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1951 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 21, 2026
$1,725,000
Initial Listing