$895,000
For Sale

9616 Long Beach Boulevard

South Gate, CA 90280
0.11 acres | #SR25053980
Listing OfficeRBS Realty
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

**Seize this rare opportunity today!** Whether you're looking to expand your real estate portfolio or embark on your first investment venture, this mixed-use commercial/residential property in the City of South Gate is brimming with potential.
The ground floor consists of a barbershop (current rent $1,350), a Zumba fitness studio
(current rent $1,800) and a 3 bedroom apartment on the second floor (current rent $1,835).
With 5 parking spaces located at the rear of the property and an easement for shared driveway access with neighboring property at 9622 Long Beach Blvd., you will appreciate the ease of access for both customers and residents alike.
To respect tenant privacy, we kindly ask that you do not disturb them, Drive by only, SUBJECT TO INTERIOR INSPECTION. Operating Expenses are estimates, Buyer to do their due diligence to satisfy themselves with all aspects of the property. Property to be sold as is with current tenants in place.
This unique opportunity MUST be purchased together with the adjacent property at 9612 Long Beach Blvd. MLS # SR25054219, creating even greater possibilities for expansion or redevelopment in this thriving area

  • Property Details
      • Lot DescriptionNearPublicTransit
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #SR25053980
      • MLS #SR25053980
      • Original List Price$895,000
      • Property SubtypeMixedUse
      • Acres0.1104
      • Utility SourcePublic
      • Cost895000
      • Year Built1940
      • Stories2

Location

Mirvat KhouryReal Estate Group

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Interest Rate

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6.0%

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