8427 Otis ST South Gate, CA 90280
9,600 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26110915
HOA Y/N No
Year Built 1951
Lot Size 9,600 Sqft
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Interior
Interior Features Tile Counters, All Bedrooms Down, Multiple Primary Suites
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplaces Type Bath, Electric, Gas, Kitchen, Living Room, Outside
Fireplace Yes
Laundry None
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned, Garage, On Site, Private, One Space
Garage Spaces 8.0
Garage Description 8.0
Fence Chain Link
Pool None
Community Features Park
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt
Accessibility No Stairs, Parking, Accessible Doors, Accessible Entrance
Total Parking Spaces 13
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6215006014
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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