CA > South Gate
South Gate, CA 90280,10024 Elizabeth Ave
South Gate, CA 90280,10024 Elizabeth Ave
South Gate, CA 90280,10024 Elizabeth Ave
8
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$1,340,000
Est. payment /mo
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10 Beds
6 Baths
4,058 SqFt
New

10024 Elizabeth Ave South Gate, CA 90280

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Nikki Bonifatto

Nikki Bonifatto

+1(702) 467-7343

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,058 sqft

Price per Sqft $330

MLS Listing ID 25554707

Bedrooms 10

Year Built 1962

Lot Size 7,198 Sqft

Acres 0.1652

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Cudahy, South Gate W Of 710, Hunt Pk S Of Florence

Zoning SGR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Carport, Carport Detached, Garage - 1 Car, Garage Is Attached, Parking Space

Garage Spaces 9.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Remax Commercial and Investment Realty
agent
Nikki Bonifatto

Agent | RE. S.0175996

+1(702) 467-7343 | nbonifatto@gmail.com

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10024 Elizabeth Ave