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8401 California Ave
South Gate, CA 90280
South Gate Apartments · Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.65 AC |
| Property Type | Multifamily | Building Size | 15,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1946 |
| Building Class | C | Parking Ratio | 0.27/1,000 SF |
| Zoning | SGCRYY | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 0.27/1,000 SF |
| Zoning | SGCRYY |
ABOUT 8401 CALIFORNIA AVE , SOUTH GATE, CA 90280
Marcus & Millichap is pleased to present 8185 California Avenue, a 10-unit mixed-use investment property in South Gate, California. The property receives excellent exposure at the signalized corner of Liberty Boulevard and California Avenue and is located within easy walking distance of a grocery store. This area is a solid majority-renter market with consistently low vacancy rates. 8185 California Avenue consists of four buildings on a 0.26-acre corner lot. Two of the buildings are two-bed/one-bath homes, and the remaining buildings contain a total of two retail spaces, two one-bed/one-bath units, two two-bed/one-bath units, and two three-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers four single-car garages. This offering presents an excellent opportunity for an investor to capture huge potential upside in a solid rental market. 8185 California Avenue is being offered as part of a portfolio along with 8401 California Avenue, an 11-unit mixed-use property located across the street, and 3473 Liberty Boulevard, an adjacent duplex. The properties may be acquired separately or together. For more information, please contact the listing agents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | - |
| 3+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,468,800 | |
| Land Assessment | $3,060,000 | Total Assessment | $4,528,800 |
PROPERTY TAXES
