$868,000
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9622 LONG BEACH BLVD South Gate, CA 90280
2 Beds
2 Baths
3,753 SqFt
Key Details
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 3,753 sqft
Price per Sqft $213
MLS Listing ID 22-128917
Bedrooms 2
Year Built 1945
Lot Size 6,715 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 Cudahy, South Gate W Of 710, Hunt Pk S Of Florence
Zoning SGC3*
Rooms
Other Rooms None
Interior
Heating Radiant
Cooling Wall/Window
Flooring Mixed
Equipment Built-Ins, Other
Laundry None
Exterior
Garage Shared Driveway, Parking Space
Garage Spaces 8.0
Pool None
View None
Roof Type Flat
Building
Story 2
Structure Type Stucco
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with First Family Homes