10024 Elizabeth Avenue

South Gate, CA 90280

  • 10 Bed(s)
  • 0 Bath(s)
  • 4,058 Sqft
  • 7198
    Sqft(Lot)
$1,340,000

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.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    50228880

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating
  • Building Information

    • Year Built: 1962
    • Building Area Total: 4,058
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1652
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7198
  • Listing Price Information

    • Original List Price: 1,340,000
    • Listing Contract Date: 2025-06-19

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 6208020012
  • Garage and Parking

    • Garage Description: Carport,Detached Carport,Door-Single,Garage,One Space
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
    • Postal Code Plus 4: 5962
    • Directions: South of Tweedy Blvd & East of Long Beach Blvd
    • Zoning: SGR3YY
    • Source Property Type: Residential Income
    • Area: T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore

    Building and Construction

    • Property Age: 63
    • Year Built Source: Assessor
    • Total Square Feet Living: 4058
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/28/2025 @ 03:04

  • MLS: 25554707
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 4,058 sqft, 7,198 sized lot, and 0 parking. are nearby neighborhoods.