14943 Gagely, La Mirada, California 90638
- $2,050,000
Overview
- Apartment, Residential Income
- 6105 Sqft
- 1960
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
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Address: 14943 Gagely
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State/county: CA
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Zip/Postal Code: 90638
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Country: US
Details
Updated on November 18, 2025 at 6:44 pm-
Property ID PW25239716
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Price $2,050,000
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Property Size 6105 Sqft
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Land Area 0.1787 Acres
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Year Built 1960
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Conventional
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Sidewalks
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