Date
Details
Price
Change
Source
5/21/2026
Listed
$1,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 8427 Otis St
General
- Price: $1,725,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26110915
- Updated: 5/21/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Two Primaries, Kitchen, Living Room
- Interior Features: Tile Counters
- Fireplace(s): Gas, Kitchen, Electric, Living Room, Patio, Bath
- Appliances: None
- Flooring: Vinyl, Laminate
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage Spaces: 8
- Parking Features: Garage, Assigned, On-Site, Private, Parking Space
- Parking: Garage, Assigned, On-Site, Private, Parking Space
Location
- Area: T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
- County: Los Angeles
- Development Name: T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
- Driving Directions: Near Firestone Blvd and Otis
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Architectural Style: Traditional
- Foundation: Slab
- Roof: Asphalt
- Windows: Double-Pane Windows, ENERGY STAR Qualified Windows, Screens
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,466
- Year Built: 1951
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.2204
- Lot Size (Sq. Ft.): 9,601
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $315.59
- Price Per Unit: 246429
Listed by Berkshire Hathaway HomeService, Mark Paulson and Berkshire Hathaway HomeService, Tami Eilts
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 8427 Otis St —
Mark Paulson
Berkshire Hathaway HomeService
Tami Eilts
Berkshire Hathaway HomeService
714-305-0797
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8427 Otis St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Gate Middle School 4100 Firestone Boulevard, South Gate, CA 90280 | 6-8 | 0.4 mi |
International Studies Learning Center At Legacy High School Complex 5225 Tweedy Boulevard, South Gate, CA 90280 | 7-8 | 1.5 mi |
South Gate Senior High School 3351 Firestone Boulevard, South Gate, CA 90280 | 9-12 | 0.8 mi |
Science, Technology, Engineering, Arts And Mathematics At Legacy High School Complex 5225 Tweedy Boulevard, South Gate, CA 90280 | 9-12 | 1.5 mi |
Visual And Performing Arts At Legacy High School Complex 5225 Tweedy Boulevard, South Gate, CA 90280 | 9-12 | 1.5 mi |
South East High School 2720 Tweedy Boulevard, South Gate, CA 90280 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8427 Otis St
Tax History
Tax History for 8427 Otis St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,788
6%
$790,672
4%
2023
$10,218
5%
$759,972
2%
2022
$9,737
1%
$745,072
2%
2021
$9,616
-1%
$730,463
1%
2020
$9,690
4%
$722,974
2%
2019
$9,314
2%
$708,799
2%
2018
$9,101
2%
$694,902
2%
2017
$8,915
302%
$681,277
492%
2016
$2,217
2%
$115,101
2%
2015
$2,182
-1%
$113,373
2%
2014
$2,200
1%
$111,153
—
2013
$2,183
—
$110,652
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8427 Otis St
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- Retail
- Active
- Updated 3 days ago
- 2,480Sq. Ft.
- 0.2848Acres
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,051Sq. Ft.
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- Single Family
- Active
- Updated 18 hours ago
- 4Beds
- 2Total Baths
- 1,800Sq. Ft.
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8427 Otis Street, South Gate, CA 90280 (MLS# OC26110915) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 8427 Otis Street is currently listed for $1,725,000 and was received on May 21, 2026. Want to learn more about 8427 Otis Street? Do you have questions about finding other Multi-Family real estate for sale in South Gate? You can browse all South Gate real estate or contact a Coldwell Banker agent to request more information.