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Keller Williams Thrive
3164 3164 Cherokee AVE, South Gate, CA 90280
- $1,750,000
Listed by Matthew Guerra, from KW Executive
(If provided) CoList: from
Sold listing courtesy of NONE NONE from
- Sold Price
- $1,750,000
- List Price
- $2,000,000
- Closing Date
- Jan 15, 2026
- MLS#
- CRAR25228041
- Status
- SOLD
- Levels
- One Story
- Lot Size
- 11,575
- Listing Area
- 699 - Not Defined
- Year Built
- 1946
Property Description
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)
Additional Information
- Age
- 80
- Garage Parking
- Assigned Spaces
- Laundry Facilities
- 38
- Levels
- One Story
- Lot Size
- 11,575
- Neighborhood
- 699 - Not Defined
- Pool Description
- None
- Unincorporated Yn
- Yes
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Keller Williams Thrive are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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