South Gate, CA 90280,9622 LONG BEACH BLVD
South Gate, CA 90280,9622 LONG BEACH BLVD
South Gate, CA 90280,9622 LONG BEACH BLVD
South Gate, CA 90280,9622 LONG BEACH BLVD
South Gate, CA 90280,9622 LONG BEACH BLVD
South Gate, CA 90280,9622 LONG BEACH BLVD
See all 13 photos

$800,000

$868,000

7.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

2 Baths

3,753 SqFt


SOLD DATE : 12/01/2022

Key Details

Sold Price $800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,753 sqft

Price per Sqft $213

MLS Listing ID 22128917

Sold Date 12/01/22

Bedrooms 2

HOA Y/N No

Year Built 1945

Lot Size 6,716 Sqft

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.

Location

State CA

County Los Angeles

Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore

Zoning SGC3*

Interior

Heating Radiant

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Parking Features One Space, Shared Driveway

Pool None

View Y/N No

View None

Total Parking Spaces 8

Private Pool No

Building

Faces West

Story 2

Entry Level Multi/Split

Architectural Style Traditional

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6206014012

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Mark Alan Walker • Nourmand & Associates-HW
Bought with Ricardo Borjas • First Family Homes
agent-avatar

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.