3164 Cherokee AV Lot 13 South Gate CA 90280 MLS #AR25228041

3164 Cherokee AV Lot 13

South Gate, CA, 90280

$2,000,000

Beds

0 Baths

0 SqFt

0.27 Acres

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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)

Property Details

Price:

$2,000,000

MLS #:

AR25228041

Status:

Active

Beds:

Baths:

Type:

Single Family

Subtype:

Apartment

Neighborhood:

699

Listed Date:

Sep 29, 2025

Total Sq Ft:

5,315

Lot Size:

11,575 sqft / 0.27 acres (approx)

Year Built:

1946

699

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Schools

Interior

Laundry Features

Exterior

Community Features

SDW, SL, CRB

Financial

Net Operating Income

$105,712

Map

Community

Address3164 Cherokee AV Lot 13 South Gate CA
CitySouth Gate
CountyLos Angeles
Zip Code90280

Market Summary

Current real estate data for Single Family in South Gate as of Nov 05, 2025

Single Family Listed

Avg DOM

491

Avg $ / SqFt

$735,197

Avg List Price

Property Summary

3164 Cherokee AV Lot 13 South Gate CA is a Single Family for sale in South Gate, CA, 90280. It is listed for $2,000,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1946. The average price per square foot for Single Family listings in South Gate is $491. The average listing price for Single Family in South Gate is $735,197.

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Courtesy of KW Executive. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.

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