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Active
14943 Gagely La Mirada, CA 90638
6,105 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,105 sqft
Price per Sqft $335
MLS Listing ID CRPW25239716
HOA Y/N No
Year Built 1960
Lot Size 7,786 Sqft
Acres 0.18
Property Sub-Type Other
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
Interior
Fireplace No
Laundry Other
Building
Lot Description Irregular Lot
New Construction No
Others
Tax ID 8041024002
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Listed by Chris Keramati • Triqor Group