Millman Team Real Estate

$1,725,000
0.22 Acre Lot

8427 Otis Street, South Gate, California 90280

  • Residential Income Property Type
  • Garage Cars Garage
  • 1951 Year Built
Property Description

This rare 7-unit apartment investment opportunity in South Gate offers investors a well-maintained income property with strong upside potential in one of Southern California’s consistently high-demand rental markets. Built in 1951, the property features approximately 5,466 square feet of rentable space situated on a spacious 19,229 square foot lot.

Strategically positioned in a dense rental corridor with historically low vacancy rates, the property provides stable in-place income with the opportunity to increase rents over time and enhance long-term value. The attractive layout features all single-story detached units, creating a desirable living environment for tenants while minimizing shared walls and maximizing privacy.

The versatile unit mix consists of:

• Two (2) 1-Bedroom / 1-Bath detached units, each with an attached garage

• Five (5) 2-Bedroom / 1-Bath detached units

Additional improvements include two rear garage structures offering a total of (6) garages, along with open onsite parking for tenants. Tenants pay their own gas and electricity, helping reduce owner operating expenses.

The property spans two separate lots, with one parcel containing four units and the second parcel containing three units and additional parking areas. A long private driveway enhances tenant privacy and provides convenient access throughout the property.

With no local city rent control, strong tenant demand, and significant long-term upside potential, this is an exceptional opportunity for investors seeking dependable cash flow and future appreciation in a highly sought-after rental market.

Basic Details
Residential Income
For Sale
OC26110915
$1,725,000
None
1951
0.22 Acre
Active
Mixed Use
: Asphalt
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Chain Link
: Living Room, Gas, Outside, Electric, Bath, Kitchen
: Garage, One Space, Private, Assigned, On Site
: Traditional
: Rain Gutters
: Laminate, Vinyl
: All Bedrooms Down, Multiple Primary Suites, Tile Counters
: None
: Public Sewer
: Sewer Connected, Water Connected, Electricity Available, Natural Gas Available
: Double Pane Windows, Screens, ENERGY STAR Qualified Windows
$0
Address Map
CA
Los Angeles
South Gate
90280
Otis
8427
Street
W119° 48' 13.5''
N33° 57' 30''
Near Firestone Blvd and Otis
T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
Additional Information
$0
$0
$0
$0
$0
: Parking, Accessible Doors, No Stairs, Accessible Entrance
5466
: Park
: Stucco
Electricity - On Property
1
: Slab
8.0
: One
: 2-5 Units/Acre
7
2026-05-21
1
1
https://tour.caimagemaker.com/l/?id=184405IDX
: Public
Broker/Agent Information
Berkshire Hathaway HomeService
Mark Paulson
Listing Information
Tami Eilts
OCeilttam
D035
Berkshire Hathaway HomeService
SPAULMAR
D176
Cash,Cash to New Loan,1031 Exchange
Active
2026-05-21T21:21:15Z
CRMLS
: Standard
2026-05-21T14:02:51Z
Agent info
Ray Millman
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