9616 Long Beach Blvd South Gate, CA 90280
Estimated payment $5,438/month
Highlights
- Property is near public transit
- Legacy High School Complex Rated A-
- Laundry Room
About This Home
**PRICE IMPROVEMENT** 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 fitness studio
(vacant) 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
Listing Agent
RBS Realty Brokerage Phone: 213-422-1949 License #01503270 Listed on: 03/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,190
Year Built
- Built in 1940
Lot Details
- 4,811 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,753 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 77
- Tax Tract Number 4753
- Assessor Parcel Number 6206014011
- $1,117 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,800
- Other Expense $8,000
- Water Sewer Expense $2,880
- Operating Expense $13,680
- Gross Income $59,820
- Net Operating Income $46,140
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,190 | $779,259 | $520,200 | $259,059 |
| 2024 | $10,190 | $763,980 | $510,000 | $253,980 |
| 2023 | $1,953 | $70,402 | $21,654 | $48,748 |
| 2022 | $1,893 | $69,023 | $21,230 | $47,793 |
| 2021 | $1,847 | $67,670 | $20,814 | $46,856 |
| 2019 | $1,801 | $65,665 | $20,198 | $45,467 |
| 2018 | $1,671 | $64,378 | $19,802 | $44,576 |
| 2016 | $1,553 | $61,880 | $19,034 | $42,846 |
| 2015 | $1,532 | $60,952 | $18,749 | $42,203 |
| 2014 | $1,537 | $59,759 | $18,382 | $41,377 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Price Changed | $869,000 | -2.9% | $232 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $895,000 | -- | $238 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $749,000 | Chicago Title Company | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $629,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25053980
APN: 6206-014-011
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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