Address
9622 Long Beach Boulevard, South Gate, CA
Price
$ 868,000
Property Attributes
- MLS#22128917
- TypeIncome
- CountyLOS ANGELES
- CitySouth Gate
- AreaCudahy - SouthGate W of 710 - HuntPk S of Flore
- Zip90280
- StyleTraditional
- Price$ 868,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3753
- Lot Size6,715 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
Mixed use property in Southgate featuring a bar and retail down stairs and two residential apartments upstairs. Bar (1180sf) and one apartment unit (840sf) currently vacant and may be rented for market rents. Occupied units are on month to month leases and are paying below market rents. Great upside potential for new owner. Property has been in the same family for many years and is now a great opportunity for new management. Retail store (1010sf) rented for $900/mo. Residential unit (805sf) is rented for a total of $1,000 for month. Bar was previously rented for $2000/month and is now vacant. All leases are month to month and verbal agreements. Seller may opt for 1031 exchange. Buyer to cooperate with seller 1031 exchange if necessary. Parking is accessed through a shared driveway. Great opportunity on a street that is marked for development.
| Price History | |
|---|---|
| 2/18/2022 | Listed $899,000 |
| 6/24/2022 | 4% - $868,000 |
General Features
| Architectural Style | Traditional |
|---|---|
| Construction Materials | Stucco |
| Cooling | Wall/Window Unit(s) |
| Facing Direction | West |
| Heating | Radiant |
| Levels | Multi/Split |
| Listing Agent | Mark Alan Walker - BRE#01309961 |
| Listing Agent State License | 01309961 |
| Lot Size Square Feet | 6715 |
| MLS Area | T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore |
| Pool Features | None |
| Property Type | Residential Income |
| Senior Community Y/N | No |
| Special Listing Conditions | Standard |
| Status | Active |
| Taxes | 11237 |
| Total Units | 4 |
| View | None |
| Water Sewer Expense | 2400 |
| Zoning | SGC3* |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Laundry Features | None |
Exterior Features
| Lot Size Acres | 0.1542 |
|---|---|
| Lot Size Area | 6715 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Parking Features | One Space, Shared Driveway |
| Total Parking | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 90280
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2022 5:14 AM UTC 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, 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.
