3164 3164 Cherokee Avenue, South Gate, CA 90280

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
3164 3164 Cherokee Avenue,South Gate, CA 90280
$2,000,000
  • - Beds
  • - Baths
  • 5,315 sq. ft.
  • Multi-family
  • Active
Listed by: matthew guerra
Office: kw executive
MLS#:AR25228041
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$376.29

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 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%

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Home facts

  • Year built:1946
  • Listing ID #:AR25228041
  • Added:63 day(s) ago
  • Updated:December 02, 2025 at 11:46 AM

Rooms and interior

  • Living area:5,315 sq. ft.

Structure and exterior

  • Year built:1946
  • Building area:5,315 sq. ft.
  • Lot area:0.27 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$376.29
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