La Mirada, CA 90638,14943 Gagely
Listed by Chris Keramati • Triqor Group
Bought with Chris Keramati • Triqor Group
$2,015,000
Est. payment /mo
$2,050,000
1.7%
Est.Price: ?

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6,105 SqFt
SOLD DATE : 11/17/2025

Key Details

Sold Price $2,015,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,105 sqft

Price per Sqft $330

MLS Listing ID CRPW25239716

Sold Date 11/17/25

HOA Y/N No

Year Built 1960

Lot Size 7,786 Sqft

Property Sub-Type Other

Source Datashare California Regional

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

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Bay East Association of Realtors

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Mike Fowler

Mike Fowler

+1(925) 922-2011

Broker Associate | License ID: 01157620

Broker Associate License ID: 01157620

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