8427 Otis St , South Gate, CA 90280
$1,500,000
Est. Payment: $7,547.76/mo
8 Bed
5 Bath
5466 Sqft
Status: active with contingency | Days on site: 55
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Mark Paulson , 714-305-0797 and Tami Eilts , 949-370-2692 Berkshire Hathaway HomeService , 949-495-1800. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1951

County

Los Angeles

Area

T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore

Listing ID

OC26110915

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:5
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:Bath,Electric,Gas,Kitchen,Living Room,Outside
Floor:Laminate,Vinyl
Other:Tile Counters,All Bedrooms Down,Multiple Primary Suites
Other:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:13
Roof:Asphalt
Others:Rain Gutters,Stucco,2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Garage,On Site,Private,One Space
Principal Interest
$7,548
Taxes
$956

Home Price

$1,500,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,547.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,547.76 $956.25 $0.00 $8,504.01
Yearly $90,573.15 $11,475.00 $0.00 $102,048.15
Total $2,717,194.63 $344,250.00 $0.00 $3,061,444.63

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (South Gate, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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