3164 Cherokee Ave

South Gate, CA 90280

$2,000,000
Price
3
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Discover this rare 8-unit apartment investment located in the heart of South Gate. Built in 1946, this well-maintained property offers 5,315 SF of rentable space on a 11,572 SF lot, providing a balanced mix of vintage charm and future upside potential, with potential for Seller Financing. This property is strategically positioned in a dense rental market, benefiting from strong tenant demand and historically low vacancy rates. With a competitive asking price, investors have the opportunity to secure...Discover this rare 8-unit apartment investment located in the heart of South Gate. Built in 1946, this well-maintained property offers 5,315 SF of rentable space on a 11,572 SF lot, providing a balanced mix of vintage charm and future upside potential, with potential for Seller Financing. This property is strategically positioned in a dense rental market, benefiting from strong tenant demand and historically low vacancy rates. With a competitive asking price, investors have the opportunity to secure stable in-place income with room to improve rents over time and drive future value. Whether youre a seasoned multifamily investor or a 1031 exchange buyer looking for a secure, income-producing asset, 3164 Cherokee Ave offers the ideal combination of cash flow, upside, and location. Key Highlights: Seller Financing Potential Unit Mix: Four 2Bed+1Bath and Four 1Bed + 1Bath Single Story Layout w/Potential For ADU(s) Strong Cap Rate (Actual): 5.30% with +/-41.12% Rental Upside No Municipal Rent Control (buyer to verify)
  1. Listed by Matthew Guerra • DRE #02022646 • Brokerage DRE #02003950 • KW Executive
    P: (909)-997-9765 matthew.guerra@principlequalityinvestments.com

Property Details for 3164 Cherokee Avenue

Zoning
Assessor
Area Zip
SOUTH GATE (90280)
Standard Status
Active
LISTING UPDATED: 09/30/2025 01:59 AM

Property Details for 3164 Cherokee Avenue

StatusActive
MLS #AR25228041
Days on Market193
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units / Res Income 2-4 Units
Year Built-
Lot Size0.27 AC / 11,575 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Executive, Matthew Guerra, DRE #02022646
Add your commute

Building Information for 3164 Cherokee Avenue

Stories1Residences8Year Built-Building Size-Lot Size0.27 AC / 11,575 SF

Payment Calculator

$10,949 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,748

Property Taxes

$1,201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3164 Cherokee Avenue

Summary
Location and General Information
  • Coordinates: -118.215804, 33.940578
  • Latitude: 33.940578
  • Longitude: -118.215804
  • Directions: West of LB Blvd
Taxes and HOA
  • CFD Mello Roos Fee Reflct: Year
  • CFD Mello Roos Fee: $2,393
  • Monthly Total Fees: $199
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.2657
  • Lot Size Square Feet: 11575.0
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Parcel Number: 6207024002
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Site: Curbs, Sidewalks
  • Year Built: 0
Interior and Exterior Features
Exterior Features
  • Pool Features: N/K
  • Pool Heat: N/K
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Half: 0
  • Stories Total: 1
  • Levels: 1 Story
  • Bedrooms Count: 3
  • Baths Total: 2.0
Multi Family
Income & Expenses
  • Operating Expense: $41,790
  • Gross Scheduled Income: $152,064
Multi Family Information
  • Unit Numfor Unit1: 1
  • Unit Numfor Unit2: 2
  • Number Of Units Total: 8
Rental
Rent Information
  • Tenant Pays: Electricity, Gas/Propane

Property History for 3164 Cherokee Avenue

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Listed (Active)

SDMLS #AR25228041

$2,000,000—
Aug 18, 2015

Sold (Public Record)

Public Record #554657808

$835,000—
Jan 5, 2013

Expired

CRMLS #R33902

$650,000—
Jan 5, 2013

Expired

CRMLS #R34251

$650,000—
Oct 14, 2003

Expired

CLAW #R34251MR

—
Sep 20, 2003

Expired

CLAW #R33902MR

—
Jul 14, 2003

Listed (Active)

CLAW #R34251MR

$650,000—
Jul 14, 2003

Listed (Active)

CRMLS #R34251

$650,000—
Jul 14, 2003

Listed (Active)

CRMLS #CC226929

$650,000—
Jun 20, 2003

Listed (Active)

CRMLS #R33902

$650,000—
Jun 20, 2003

Listed (Active)

CLAW #R33902MR

$650,000—
Jun 20, 2003

Listed (Active)

CRMLS #CC226919

$650,000—
Oct 17, 2002

Withdrawn / Cancelled

CRMLS #R26223

$460,000—
Oct 17, 2002

Withdrawn / Cancelled

CLAW #R26223MR

—
Sep 18, 2002

Listed (Active)

CRMLS #R26223

$460,000—
Sep 18, 2002

Listed (Active)

CLAW #R26223MR

$460,000—
Sep 18, 2002

Listed (Active)

CRMLS #CC226533

$460,000—
DateEvent & SourcePrice
09/29/2025

Listed (Active)

SDMLS #AR25228041

$2,000,000
08/18/2015

Sold (Public Record)

Public Record #554657808

$835,000
01/05/2013

Expired

CRMLS #R33902

$650,000
01/05/2013

Expired

CRMLS #R34251

$650,000
10/14/2003

Expired

CLAW #R34251MR

—
09/20/2003

Expired

CLAW #R33902MR

—
07/14/2003

Listed (Active)

CLAW #R34251MR

$650,000
07/14/2003

Listed (Active)

CRMLS #R34251

$650,000
07/14/2003

Listed (Active)

CRMLS #CC226929

$650,000
06/20/2003

Listed (Active)

CRMLS #R33902

$650,000
06/20/2003

Listed (Active)

CLAW #R33902MR

$650,000
06/20/2003

Listed (Active)

CRMLS #CC226919

$650,000
10/17/2002

Withdrawn / Cancelled

CRMLS #R26223

$460,000
10/17/2002

Withdrawn / Cancelled

CLAW #R26223MR

—
09/18/2002

Listed (Active)

CRMLS #R26223

$460,000
09/18/2002

Listed (Active)

CLAW #R26223MR

$460,000
09/18/2002

Listed (Active)

CRMLS #CC226533

$460,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3164 Cherokee Avenue

Taxable ValueLand$591,896Additions$397,598Total$989,494
Tax Record2025$14,411 ($1,201 / month)
Home Facts
Total Finished SqFt5,315 SqFtAbove Grade Finished SqFt5,315 SqFtLot Size11,572 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningSGR3YYCountyLOS ANGELESAPN6207-024-002

Schools near 3164 Cherokee Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Montara Avenue Elementary School
Public - K to 6
South Gate Middle School
Public - 6 to 8
Southeast Middle School
Public - 6 to 8
International Studies Learning Center At Legacy High School Complex
Public - 6 to 12
Rating
School
Distance
Montara Avenue Elementary School
PublicK to 6

South Gate Middle School
Public6 to 8

Southeast Middle School
Public6 to 8

International Studies Learning Center At Legacy High School Complex
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3164 Cherokee Avenue, South Gate, CA 90280

3164 Cherokee Avenue is a multi-family home for sale in South Gate, CA 90280. This property was listed for sale on September 29, 2025 by KW Executive, it's currently listed at $2,000,000. It has been on the market for a total of 193 days and was last sold on August 18, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Montara Avenue Elementary School, South Gate Middle School and Southeast Middle School. 3164 Cherokee Avenue is a 3-bed, 2-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Executive, Matthew Guerra, DRE #02022646

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.