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8427 Otis Street

South Gate, CA 90280
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Bed 8

Bed

Bath 5

Bath

SqFt9,601

Sqft(Lot)

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-B ath 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,500,000

AD Id : 79022931

MLS Id : OC26110915

Beds : 8

Lot Size : 9,601 Sqft

Year Built : 1951

Garage : 8

County : Los Angeles

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Feature Features

  • Interior Features

    TileCounters, AllBedroomsDown, MultiplePrimarySuites
    Roof: Asphalt
    Laundry Features: None
    Window Features: DoublePaneWindows, EnergyStarQualifiedWindows, Screens
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1951
    Building Area Total: 5466
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None
  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Main Square Feet: 9601 Lot Size Acres: 0.2204 Lot Size Source: Assessor Lot Size Square Feet: 9,601 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $1500000
    Original Price: $1725000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 6215006014 Tax Lot: 19

  • Parking Information

    Parking Total: 13 Assigned, Garage, OnSite, Private, OneSpace

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Utility Information

    ElectricityAvailable, NaturalGasAvailable, SewerConnected, WaterConnected
  • Location Information

    Direction: Near Firestone Blvd and Otis WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10731 Amery Avenue, South Gate, CA, 90280 $839,000 3 1 1,190 1,190 SqFt
10239 Garfield, South Gate, CA, 90280 $745,000 2 1 1,253 1,253 SqFt
10321 Garfield, South Gate, CA, 90280 $730,000 2 1 1,322 1,322 SqFt
10523 Stonybrook, South Gate, CA, 90280 $705,000 3 2 1,487 1,487 SqFt
10001 W Frontage #224, South Gate, CA, 90280 $120,000 2 1 784 784 SqFt
10411 Pinehurst, South Gate, CA, 90280 $665,000 2 1 924 924 SqFt
10525 Washington Avenue, South Gate, CA, 90280 $724,900 3 2 1,318 1,318 SqFt
10008 Hunt, South Gate, CA, 90280 $590,000 2 1 951 951 SqFt
8443 San Miguel Avenue, South Gate, CA, 90280 $785,000 4 2 --
9643 Mallison Avenue, South Gate, CA, 90280 $1,975,000 -- -- 5,295 5,295 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 19:28

MLS: OC26110915 LISTED BY: Mark Paulson, Berkshire Hathaway HomeService 949-495-1800 SOURCE: CRMLS

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