Property Details
About this Property
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 you’re 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)
MLS Listing Information
MLS #
CRAR25228041
MLS Source
California Regional MLS
Days on Site
66
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3164 3164 Cherokee Ave is a Residential Income in South Gate, CA 90280. This – square foot property sits on a 11,575 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,000,000 and was built in 1946. This address can also be written as 3164 3164 Cherokee Ave, South Gate, CA 90280.
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This listing information is up-to-date as of September 29, 2025. For the most current information, please contact Matthew Guerra
