3164 Cherokee Avenue, South Gate, CA 90280

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3164 Cherokee Avenue,South Gate, CA 90280
$2,000,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:matthew guerra
Office:kw executive
MLS#:AR25228041
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,000,000

About this home

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 youre 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

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Home facts

  • Listing ID #:AR25228041
  • Added:1 day(s) ago
  • Updated:September 30, 2025 at 04:35 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2

Finances and disclosures

  • Price:$2,000,000
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