8427 Otis Street, South Gate, CA 90280

Mixed Use · For sale · $1,500,000 · MLS# OC26110915

Mixed Use for sale in Southern California — $1,500,000. 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.…

8427 Otis Street
Active under contract

$1,500,000

8427 Otis Street, South Gate, CA 90280

Mixed UseProperty type
1951Year built
9,601 sqft lotLot size
HOA
8 spacesGarage
13 spacesTotal parking

Facts & features

Interior

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: Wall Window Units

Appliances

  • Laundry: None

Property

Parking

  • Total parking spaces: 13
  • Garage spaces: 8

Lot

  • Lot size: 9,601 sqft

Features

  • Pool features: None
  • View: None

Construction

Type & style

  • Home type: Mixed Use
  • Property subtype: Mixed Use

Condition

  • Year built: 1951

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 58 days
  • Status: Active Under Contract
  • MLS#: OC26110915

Location

  • City: South Gate
  • ZIP: 90280

About this home

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.

Listing updated: July 15, 2026 at 3:08 PM

Listed by: Mark Paulson, Berkshire Hathaway HomeService

Source: CRMLS, MLS#: OC26110915, Originating MLS: California Regional MLS

Location

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South Gate

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Facts & features

Interior

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: Wall Window Units

Appliances

  • Laundry: None

Property

Parking

  • Total parking spaces: 13
  • Garage spaces: 8

Lot

  • Lot size: 9,601 sqft

Features

  • Pool features: None
  • View: None

Construction

Type & style

  • Home type: Mixed Use
  • Property subtype: Mixed Use

Condition

  • Year built: 1951

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 58 days
  • Status: Active Under Contract
  • MLS#: OC26110915

Location

  • City: South Gate
  • ZIP: 90280

Price history

DateEventPrice
7/13/2026Source: CRMLS, #OC26110915Price change$1,500,000-13.0%
5/21/2026Source: CRMLS, #OC26110915Listed for sale$1,725,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-15 15:08:24 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information