8181 Commercial Place, South Gate, CA — Sold

About this property

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.

Property details

Location

8181 Commercial Place • South Gate, CA 90280

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Listed by

Nick Petrosian · Remax Commercial and Investment Realty