3164 Cherokee Avenue, South Gate, CA 90280
Local realty services provided by:ERA North Orange County Real Estate
3164 Cherokee Avenue,South Gate, CA 90280
$2,000,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: matthew guerra
Office: kw executive
MLS#:AR25228041
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,000,000
About this home
Discover this rare 8-unit apartment investment located in the heart of South Gate. Built in 1946, this well-maintained property offers 5,315 SF of rentable space on a 11,572 SF lot, providing a balanced mix of vintage charm and future upside potential, with potential for Seller Financing. This property is strategically positioned in a dense rental market, benefiting from strong tenant demand and historically low vacancy rates. With a competitive asking price, investors have the opportunity to secure stable in-place income with room to improve rents over time and drive future value. Whether youre a seasoned multifamily investor or a 1031 exchange buyer looking for a secure, income-producing asset, 3164 Cherokee Ave offers the ideal combination of cash flow, upside, and location. Key Highlights: Seller Financing Potential Unit Mix: Four 2Bed+1Bath and Four 1Bed + 1Bath Single Story Layout w/Potential For ADU(s) Strong Cap Rate (Actual): 5.30% with +/-41.12% Rental Upside No Municipal Rent Control (buyer to verify)
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Home facts
- Listing ID #:AR25228041
- Added:93 day(s) ago
- Updated:January 01, 2026 at 03:00 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$2,000,000
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