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Listed by Chris Keramati • Triqor Group
$ 2,050,000
Est. payment /mo
New
14943 Gagely La Mirada, CA 90638
7,786 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25239716
Year Built 1960
Lot Size 7,786 Sqft
Source California Regional MLS
Property Description
We are pleased to present a rare opportunity to acquire an eight-unit apartment community located on a private cul-de-sac in La Mirada. The property features a desirable unit mix of four one-bedroom and four two-bedroom apartments, appealing to a wide range of renters. The asset is currently operating at a cap rate of approximately 5.5% on in-place numbers, offering strong day-one cash flow with meaningful upside potential through interior upgrades and rent increases. Situated less than one mile from Biola University, the property benefits from steady rental demand supported by a consistent student population as well as proximity to major employers, schools, and regional amenities. The location combines a strong rental market with the quiet privacy of a cul-de-sac setting-driving both tenant retention and long-term stability. This is an ideal opportunity for investors seeking a well-located, low-density multifamily asset with immediate income, prove demand drivers, and value-add potential.
Location
State CA
County Los Angeles
Area M3 - La Mirada
Interior
Laundry Laundry Area
Exterior
Garage Spaces 8.0
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 8041024002
Special Listing Condition Not Applicable
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