$1,100,000 Est. $4,050 / mo.*

8181 Commercial Pl South Gate , CA 90280

Courtesy of Remax Commercial and Investment Realty 213-817-1000

Description

7 Units
Property Type: Other
Status: Active Under Contract
Year Built: 1923
Days on Website: 3
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.

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Contact an Agent

Christopher Lechner

(562) 972-0388