Address
9616 Long Beach Boulevard Los Angeles, CA
Price
$ 675,000
Property Attributes
  • MLS#SR18116884
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90280
  • Style
  • Price$ 675,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3753
  • Lot Size4,811 SqFt
Listing Provided Courtesy Of:
Jay Martinez with Hudson Commercial Partners, In.
Property Description

The mixed-use freestanding building in the City of South Gate. This building has two retail tenants on a month-to-month lease: Party Store and a Bar. There are also two apartments upstairs which are also below market rent and each unit has a 1 bedroom and 1 bath floor plan. Parking access is shared with the neighboring buildings to the north but there is no easement either. This building does qualify for 90% SBA Financing, if a Buyer intends to occupy the entire ground floor. The current income is $3,810 per month which is approximately $.68 per square foot. These rents are well below market leaving tremendous upside for a new Buyer and a live-work opportunity as well.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/24/2018 Listed $675,000

General Features

Attached Structure Attached
Community Features Sidewalks
Directions Two story Mix use residential / commercial property on Long Beach Blvd
Listing Agent Jay Martinez - BRE#01954238
Listing Agent State License 01954238
MLS Area C34 - Los Angeles Southwest
Price Per Square Foot 179.86
Property Attached Y/N Yes
Special Listing Conditions Standard
Zoning SGC3*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features None
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3753.00
Garage Spaces 0.00
Lot Features Near Public Transit, No Landscaping
Lot Size Source Assessor
Lot Size Square Feet 4811.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 5
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Pool Features None
Total Parking 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90280

Price
AVG $800K
$680K
Visits
AVG 82
32
Year Built
AVG 1946
1940

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