14943 Gagely, La Mirada, California 90638
  • $2,050,000

Overview

Property ID: PW25239716
  • Apartment, Residential Income
  • Property Type
  • 6105 Sqft
  • Area Size
  • 1960
  • Year Built

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.

  • Address: 14943 Gagely
  • State/county: CA
  • Zip/Postal Code: 90638
  • Country: US

Details

Updated on November 18, 2025 at 6:44 pm
  • Property ID PW25239716
  • Price $2,050,000
  • Property Size 6105 Sqft
  • Land Area 0.1787 Acres
  • Year Built 1960
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Conventional
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Sidewalks

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