For sale in the vibrant city of South Gate, this well-maintained 5-unit apartment building presents a strong investment opportunity at a list price of $999,888. The property features a desirable unit mix of three 1-bedroom/1-bath units and two spacious 2-bedroom/1-bath units, appealing to a variety of tenants. With a solid 4.65% cap rate, this income-producing asset offers both stability and long-term growth potential. Situated in a high-demand rental market, the building benefits from steady occupancy and proximity to local amenities, schools, and transit.
Sold for $1,125,000
Listed by: Legaspi Commercial • Gil Legaspi • Contact: 562-205-1700
Bought with: Realty Executives Com. & Res.
$1,125,000
8915 Elizabeth Ave, South Gate, CA 90280
7beds
1baths
3,262sqft
Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$345/sqft
$3,301 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,301/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gil Legaspi DRE #01265976 562-305-0788,
Legaspi Commercial
Bought with:
Jerry Mercado, DRE #02112259
Realty Executives Com. & Res.
Source: CRMLS,MLS#: DW25127504
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 1
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,262
- Total interior livable area: 3,262 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 7,017 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6210023022
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Sewer Not Available, Water Not Available
Community & HOA
Community
- Features: Urban
Location
- Region: South Gate
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $201,527
- Annual tax amount: $4,262
- Date on market: 6/6/2025
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $1,125,000+12.5%$345/sqft |
Source:  CRMLS #DW25127504 Report a problem | ||
| 9/8/2025 | Pending sale | $999,888$307/sqft |
Source: CRMLS #DW25127504 Report a problem | ||
| 6/17/2025 | Contingent | $999,888$307/sqft |
Source: CRMLS #DW25127504 Report a problem | ||
| 6/13/2025 | Pending sale | $999,888$307/sqft |
Source: CRMLS #DW25127504 Report a problem | ||
| 6/6/2025 | Listed for sale | $999,888$307/sqft |
Source: CRMLS #DW25127504 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,262 +6.8% | $201,527 +2% |
| 2024 | $3,990 +1.4% | $197,576 +2% |
| 2023 | $3,936 +3.6% | $193,703 +2% |
| 2022 | $3,798 +1.6% | $189,906 +2% |
| 2021 | $3,740 -0.4% | $186,184 +1% |
| 2020 | $3,754 | $184,276 +2% |
| 2019 | $3,754 +7.8% | $180,664 +2% |
| 2018 | $3,483 | $177,123 +2% |
| 2017 | $3,483 +3.3% | $173,651 +2% |
| 2016 | $3,373 +3.4% | $170,247 +1.5% |
| 2015 | $3,264 +0.9% | $167,691 +2% |
| 2014 | $3,235 | $164,407 +5.3% |
| 2010 | -- | $156,137 -0.2% |
| 2009 | -- | $156,509 +2% |
| 2008 | -- | $153,441 +4% |
| 2006 | -- | $147,485 |
| 2005 | -- | $147,485 +4% |
| 2004 | -- | $141,761 +1.9% |
| 2003 | -- | $139,163 +6.1% |
| 2000 | -- | $131,140 |
Find assessor info on the county website
Neighborhood: 90280
Nearby homes
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- $755,7005 bd2 ba1.6k sqft8929 Elizabeth Ave, South Gate, CA 90280Off Market
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Nearby schools
GreatSchools rating
- 4/10Independence Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10South Gate Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10South Gate Senior High SchoolGrades: 9-12Distance: 0.1 mi
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- California
- Los Angeles County
- South Gate
- 90280
- 8915 Elizabeth Ave
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