Two-Unit Duplex with Separate
9234 Elizabeth Avenue South Gate, CA 90280
9234 Elizabeth Avenue, South Gate, CA, 90280
$799,000
For Sale
$799,000
MULTI_FAMILY - South Gate, CA
Property Size1,608 SF
Lot Size0.10 Acres
Price / SF$496.89
Days on Market35
Property Features for 9234 Elizabeth Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 2
- Parking
- 2
- Standard status
- Active
- APN
- 6209013037
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 2
Listing agency
Synergy Real Estate
(562) 696-6515
Listed by
Donna Landaverde · License #02014631
(626) 627-0007
Added: Jun 17 Updated: Jul 21 at 4:30AM Checked: Jul 21 at 10:06AM
MLS# PW26132989
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex consists of two units on one lot. The front unit is currently vacant and is set to be delivered vacant at close of escrow. Each unit includes two bedrooms and one bathroom, along with a one-car garage and interior washer and dryer hookups. The units have separate gas and water meters and are configured with no common walls, providing additional privacy. Updates include newer windows. The back unit also features central AC and heat and a private backyard patio area.
The property is located in South Gate, CA 90280. It offers additional parking behind each garage for extra tenant and guest parking.
The overall setup supports straightforward multi-family operation with individually metered utilities, attached garages per unit, and low-maintenance duplex living on a single lot.
The property is located in South Gate, CA 90280. It offers additional parking behind each garage for extra tenant and guest parking.
The overall setup supports straightforward multi-family operation with individually metered utilities, attached garages per unit, and low-maintenance duplex living on a single lot.
Key Highlights
- Duplex built in 1955 on 1 lot with total 1,608 sqft (2 units, approx. 804 sqft each)
- Each unit has 2 bedrooms and 1 bathroom, plus 1‑car garage
- No common walls between units for added privacy
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.4k | $27.00 |
| − Vacancy | −$3.3k | −$2.05 |
| EGI | $40.1k | $24.95 |
| − OpEx | −$12.0k | −$7.48 |
| NOI | $28.1k | $17.46 |
1,608 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$401.2K
$351.0K – $468.0K
NOI $28,081 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,874 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$860.9K
$753.3K – $1.00M
NOI $60,264 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gorditas estilo Santa ...
Restaurant
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FAQs
What type of property is this?
Duplex - Duplex on one lot with two separate units, separate gas and water meters, and no common walls.
Where is this duplex located?
The property is located at 9234 Elizabeth Avenue South Gate, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex built in 1955 on 1 lot with total 1,608 sqft (2 units, approx. 804 sqft each); Each unit has 2 bedrooms and 1 bathroom, plus 1‑car garage; No common walls between units for added privacy
