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9616 Long Beach Blvd

South Gate, CA 90280
  • $849,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 22-140991
UPDATED: 107 min ago
$849,000
  • 3
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,753
    SQFT
  • $226
    $/SQFT

School Ratings & Info

Description

Large mixed use commercial/residential investment property that has been in the same family for many years. Property consists of a barber shop (currently rented mo to mo $900), a dance studio (currently rented $1400), with a 3br apartment upstairs (currently rented for $1400). There are four parking spaces in the rear. Property shares a drive way with 9622 and 9612 and t here is an easement for access. Do not disturb the long term tenants. Inside with accepted offer only. Seller may opt to utilize 1031 exchange. Buyer to cooperate with Seller 1031 exchange at no cost to buyer. Also for sale: 9622 Long Beach Bvd MLS#22-128917. Operating Expenses are estimates buyer to do due diligence to satisfy self with all aspects of the property. Property sold as-is where is with current tenants in place.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/127164449
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9616 Long Beach Blvd South Gate, CA 90280

  • Price: $849,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 107 min ago
  • MLS #: 22-140991
3
Beds
0
Baths
0
½ Baths
0.11
Acres
3,753
SQFT
$226
$/SQFT
1940
Built
Neighborhood:
Cudahy, South Gate W Of 710, Hunt Pk S Of Florence
County:
Los Angeles
Area:
Cudahy, South Gate W Of 710, Hunt Pk S Of Florence
Property Description
Large mixed use commercial/residential investment property that has been in the same family for many years. Property consists of a barber shop (currently rented mo to mo $900), a dance studio (currently rented $1400), with a 3br apartment upstairs (currently rented for $1400). There are four parking spaces in the rear. Property shares a drive way with 9622 and 9612 and t here is an easement for access. Do not disturb the long term tenants. Inside with accepted offer only. Seller may opt to utilize 1031 exchange. Buyer to cooperate with Seller 1031 exchange at no cost to buyer. Also for sale: 9622 Long Beach Bvd MLS#22-128917. Operating Expenses are estimates buyer to do due diligence to satisfy self with all aspects of the property. Property sold as-is where is with current tenants in place.
Exterior Features

Direction Faces West Exterior Construction Adobe Levels Multi/Split Lot Size Area 4811 Other Structures None Parking Garage Uncovered Pool Description None Pool YN No Spa None Spa YN No Style Low Rise Tennis Court None Tennis YN No Total Parking 4 View Description None View YN No Water Frontage None

Interior Features

Baths Total 2.00 Common Walls Attached Cooling Wall/Window Equipment Built-Ins Fireplace Rooms None Flooring Mixed Heating WallRadiant

Property Features

Amenities None Assessed Total Value 67670 Electric Expense 4000.00 Gross Income 44400 Gross Operating Income 44000 Insurance Expense 2240.00 Like Units1 1 Like Units2 1 Like Units3 1 Maintenance Expense 4000.00 Net Operating Income 24000.00 Number Of Buildings 1 Number Of Units 3 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGas Total Annual Expense 24950 Type Of Units Mix Water Expense 2210.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Sgc3*

Listing provided courtesy of Mark Alan Walker DRE#01309961 of Nourmand & Associates-Hw.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
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