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3164 3164 Cherokee Avenue South Gate, CA $ 2,000,000
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3164 3164 Cherokee Avenue
$ 2,000,000
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3164 3164 Cherokee Avenue

South Gate, CA, 90280
$ 2,000,000
Baths1.0 Sq 5,315

Monthly Estimate*

$ 12,477

Listed by KW Executive
​
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Studio

Multi-Family Home for sale in South Gate, CA

for $2,000,000 with 1 full bath. This 5,315 square foot home was built in 1946 on a lot size of 0.2657.

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)

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2657

Year Built

1946

Town/City

South Gate

County/Region

Los Angeles

MLS | Web ID

AR25228041

Days on Market

84
Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1946
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 12472
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 105712
Operating Expense 41790
Insurance Expense 1
New Construction 0
Property Type Residential Income
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions West of LB Blvd
City South Gate
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 8
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 11575
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Owner Will Carry Submit
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 1
Fuel Expense 1
Trash Expense 1
Water Sewer Expense 1
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 13
Property Sub Type Additional Apartment
Cap Rate 5.3
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 11575
Number of Buildings 2
Building Area Total 5315
Lot Size Acres 0.2657
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Kw Executive

Broker

matthew.guerra@principlequalityinvestments.com

Email

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Monthly Principal & Interest
$12,477
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,000,000 Listed Price

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3164 3164 Cherokee Avenue, South Gate, CA, 90280 is a Multi-Family Home for sale at $2,000,000 with 5,315 sqft and a lot size of 0.2657. 3164 3164 Cherokee Avenue is a studio with 1.0 baths and was built in 1946. The property's zip code is 90280 which is in South Gate, CA

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