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3164 Cherokee Avenue, 
South Gate, CA 90280

$2,000,000

3

Beds

2

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Matthew Guerra

Kw Executive

Last updated:

October 2, 2025, 02:26 PM

MLS#

AR25228041

Source:

San Diego MLS via CRMLS

About This Home

3164 Cherokee Avenue

Discover this rare 8-unit apartment investment located in the heart of South Gate. Built in 1946, this well-maintained property offers 5,315 SF of rentable space on a 11,572 SF lot, providing a balanced mix of vintage charm and future upside potential, with potential for Seller Financing. This property is strategically positioned in a dense rental market, benefiting from strong tenant demand and historically low vacancy rates. With a competitive asking price, investors have the opportunity to secure stable in-place income with room to improve rents over time and drive future value. Whether youre a seasoned multifamily investor or a 1031 exchange buyer looking for a secure, income-producing asset, 3164 Cherokee Ave offers the ideal combination of cash flow, upside, and location. Key Highlights: Seller Financing Potential Unit Mix: Four 2Bed+1Bath and Four 1Bed + 1Bath Single Story Layout w/Potential For ADU(s) Strong Cap Rate (Actual): 5.30% with +/-41.12% Rental Upside No Municipal Rent Control (buyer to verify)

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Price Summary

2,000,000

MLS #:

AR25228041

Last Updated:

October 2, 2025, 02:26 PM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Finances & Disclosures

Finances

Price:

$2,000,000

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.