Active Under Contract

9622 LONG BEACH BLVD

9622 LONG BEACH BLVD, SOUTH GATE, CA 90280

$868,000

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.

2
beds

2
baths

3,753 Sq.Ft. LIVING AREA

0.154 Acres lot

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 9622 LONG BEACH BLVD, SOUTH GATE, CA 90280. We are reviewing your request and will be in touch shortly!
Mark Walker

Mark Walker

Features & Amenities

Interior

  • total bedrooms2
  • Total bathrooms2
  • Laundry room None
  • Flooring Mixed
  • APPLIANCES None

Area & Lot

  • Status Active Under Contract
  • Living Area3,753 Sq.Ft.
  • Lot Area0.154 Acres
  • MLS® ID22-128917
  • TypeMULTI_FAMILY
  • YEAR BUILT1945
  • Architecture StylesTraditional
  • View DescriptionNone

Exterior

  • STORIES2
  • PoolNone
  • roofFlat
  • parkingShared Driveway, Parking Space
  • HEAT TYPERadiant
  • AIR CONDITIONINGWall/Window
  • other exterior FeaturesStucco, None

Financial

  • Sales Price$868,000
  • Zoning SGC3*

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