10024 Elizabeth Avenue, South Gate, CA 90280

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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10024 Elizabeth Avenue,South Gate, CA 90280
$1,340,000
  • 10 Beds
  • 6 Baths
  • 4,058 sq. ft.
  • Multi-family
  • Pending
Listed by:nicholas petrosian
Office:remax commercial and investment realty
MLS#:25554707
Source:CRMLS

Price summary

  • Price:$1,340,000
  • Price per sq. ft.:$330.21

About this home

Located in a strong rental pocket of South Gate, 10024 Elizabeth Ave is a clean 6-unit apartment asset with immediate income growth potential. The property features a desirable mix of (4) 2-bed/1-bath and (2) 1-bed/1-bath units, all separately metered for gas and electricity. With current rents reflecting a 4.38% cap and projected market rents pushing to 7.61%, there's meaningful room to increase cash flow. Recent improvements include a newer roof (approx. 2015), resurfaced asphalt, and fresh exterior paint. Parking includes (6) detached carports, (2) single-car attached garages, and (1) open space. Additional features include onsite laundry. Built in 1962, this 4,058 SF building sits on a 7,198 SF lot and is governed only by AB1482 rent caps - no local rent control. A compelling opportunity for investors seeking both stability and upside in a supply-constrained submarket.

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Home facts

  • Year built:1962
  • Listing Id #:25554707
  • Added:55 day(s) ago
  • Updated:August 14, 2025 at 04:38 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Living area:4,058 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1962
  • Building area:4,058 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,340,000
  • Price per sq. ft.:$330.21
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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