6,105 sqft

$2,015,000

14943 Gagely, La Mirada CA, 90638

Price per sqft$330.06

Built in1960

Property size6,105 sqft

Property typeCondominium

Bought with Chris Keramati with Triqor Group and Listed by Chris Keramati CA DRE# 01702116 with Triqor Group [email protected]

Overview

Sold

Closed

Listed Oct 14, 2025

Updated Aug 25

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.

Additional information

MLS^® ID: PW25239716

Interior Features

Basement: No

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

55+/Senior Community: No

Also listed on CLAW

Bought with Chris Keramati with Triqor Group and Listed by Chris Keramati CA DRE# 01702116 with Triqor Group [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:15 AM UTC Last Checked: 1:15 AM UTC