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)
Contact an agent
Home facts
- Listing ID #:AR25228041
- Added:48 day(s) ago
- Updated:November 17, 2025 at 03:26 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$2,000,000
New listings near 3164 Cherokee Avenue
- New
$499,000Active0 Acres12221 Garfield, South Gate, CA 90280
MLS# RS25258091Listed by: ROBERT CABRERA, BROKER - New
$599,999Active3 beds 3 baths1,571 sq. ft.10023 Karmont Avenue, South Gate, CA 90280
MLS# SR25258501Listed by: MAX ONE REAL ESTATE - New
$650,000Active2 beds 1 baths1,118 sq. ft.9505 Bryson, South Gate, CA 90280
MLS# DW25259065Listed by: FODMR INC - New
$899,000Active5 beds 3 baths9329 Mcnerney, South Gate, CA 90280
MLS# DW25258141Listed by: 24 HOUR REAL ESTATE - New
$130,000Active3 beds 2 baths10001 W Frontage Rd #25, South Gate, CA 90280
MLS# MB25239957Listed by: REALTY WORLD 5 STAR BROKERS - New
$599,900Active2 beds 1 baths940 sq. ft.3720 Ardmore, South Gate, CA 90280
MLS# RS25257987Listed by: LUX LIVING ESTATES
$704,777Active3 beds 1 baths1,216 sq. ft.10735 Cassina, South Gate, CA 90280
MLS# IG25254547Listed by: RE/MAX PARTNERS
$659,900Active2 beds 1 baths840 sq. ft.10142 San Jose, South Gate, CA 90280
MLS# DW25252526Listed by: FIRST FAMILY HOMES
$635,000Pending2 beds 1 baths763 sq. ft.10341 Karmont, South Gate, CA 90280
MLS# OC25252981Listed by: EXP REALTY OF CALIFORNIA INC
$950,000Active4 beds 4 baths10401 State, South Gate, CA 90280
MLS# DW25248050Listed by: CENTURY 21 ALLSTARS