Duplex with Private
For Sale
$748,000
9234 Elizabeth Avenue, South Gate, CA 90280
South Gate, CA
Property Size1,608 SF
Lot Size0.10 Acres
Price / SF$465.17
Days on Market113
Property Features for 9234 Elizabeth Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 4
Parking
2
Lot features
Back Yard
Directions
California and Southern
Subdivision
T4 - South Gate E of 710
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 · Realty ONE Group
(562) 696-6515
Listed By:
Donna Landaverde · License #02014631
(626) 627-0007
Added: Jun 17
Changed: Oct 6
Last Checked: Oct 7 at 9:06PM
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.
Built in 1955, this duplex contains two residences totaling 1,608 square feet on a 0.0952-acre lot. Each unit is approximately 804 square feet with two bedrooms, one bathroom, a one-car garage, and interior washer and dryer hookups. The homes have no shared walls, and each has separate gas and water meters. Newer windows are installed, and the rear residence includes central air conditioning and heat plus a private backyard patio.
The front residence is expected to be vacant at closing. Additional parking is located behind each garage. The property is served by public water and public sewer.
The front residence is expected to be vacant at closing. Additional parking is located behind each garage. The property is served by public water and public sewer.
Key Highlights
- Two residences totaling 1,608 square feet on a 0.0952‑acre lot
- Each unit is approximately 804 square feet with 2 bedrooms and 1 bathroom
- One‑car garage and additional parking behind each garage for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,081
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,620
$561.6K
Cap Rate 7%
$401,157
$401.2K
Cap Rate 9%
$312,011
$312.0K
Market Conditions
NOI Build-Up for 1,608 SF
Gross rent
$43.4K $27.00/SF
− Vacancy
−$3.3K −$2.05/SF
EGI
$40.1K $24.95/SF
− OpEx
−$12.0K −$7.48/SF
NOI
$28.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,620
Cap Rate 7%
$401,157
Cap Rate 9%
$312,011
Alternative Uses
Best Use
Multifamily LT 5
$401.2K
$351.0K – $468.0K
NOI $28,081 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,874 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$860.9K
$753.3K – $1.00M
NOI $60,264 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,574
Businesses Nearby
Explore this area
Business Placement
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer individual utility meters, laundry hookups, and added parking behind the garages.
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 $748,000.
What are key features of this property?
This property features: Two residences totaling 1,608 square feet on a 0.0952‑acre lot; Each unit is approximately 804 square feet with 2 bedrooms and 1 bathroom; One‑car garage and additional parking behind each garage for both units
