NOT LISTED FOR SALE

9622 Long Beach Blvd South Gate, CA 90280

Estimated Value: $923,594

2 Beds
2 Baths
3,753 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $800,000 $213 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,907/month

202 Days on Market

Highlights

  • Traditional Architecture
  • Built-In Features
  • West Facing Home
  • Legacy High School Complex Rated A-

About This Home

As of December 2022

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.

Last Agent to Sell the Property

Mark Walker

Nourmand & Associates-HW License #01309961 Listed on: 02/10/2022

Last Buyer's Agent

Ricardo Borjas

First Family Homes License #01185416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,619

Year Built

  • Built in 1945

Lot Details

  • 6,715 Sq Ft Lot
  • West Facing Home

Home Design

  • Traditional Architecture
  • Split Level Home
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,753 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Shared Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, interior maint
  • The owner pays for water
  • Assessor Parcel Number 6206-014-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,619

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Exclusions: Any fixtures/fitting belonging to tenants
  • Living Area: 3753
  • Lot Acreage: 0.1542
  • Stories: 2
  • Year Built: 1945
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 231.28

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Pool: No
  • Roof: Flat
  • View: No

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Shared Driveway, Parking Space
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 1200.00
  • Heating: Radiant
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 1800.00

Lot Info

  • Assessed Improvement Percent: 61.15
  • Assessed Improvement Value: 36656
  • Assessed Land Percent: 38.85
  • Assessed Land Value: 23291
  • Total Assessed Value: 59947
  • Assessor Parcel Number: 6206-014-012
  • Lot Size Area: 6715

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Interior Maint

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.59
  • Number Of Units: 4
  • Total Annual Expense: 16637
  • Type Of Units: Res/Com
  • Vacancy Rate: 25%

Tax Info

  • Tax Expense: 11237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Louie Shirley S
Bought by
Esqueda Alejandra and Gutierrez Ruben Vallejo
Current Estimated Value
$923,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Esqueda Alejandra $800,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esqueda Alejandra $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $800,000 -7.8% $213 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $868,000 -3.4% $231 / Sq Ft
02/10/2022 02/10/22 For Sale $899,000 -- $240 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $10,619 $832,320 $572,220 $260,100
2024 $10,619 $816,000 $561,000 $255,000
2023 $10,434 $800,000 $550,000 $250,000
2022 $1,620 $61,145 $23,756 $37,389
2021 $1,592 $59,947 $23,291 $36,656
2019 $1,554 $58,171 $22,601 $35,570
2018 $1,385 $57,031 $22,158 $34,873
2016 $1,304 $54,819 $21,299 $33,520
2015 $1,285 $53,997 $20,980 $33,017
2014 $1,286 $52,941 $20,570 $32,371
Source: Public Records

Agents Affiliated with this Home

  • Mark Walker

    Seller's Agent in 2022

    Mark Walker

    Nourmand & Associates-HW

    (818) 438-3342

    1 in this area

    36 Total Sales

    Mark Walker
    Section Image

  • R

    Buyer's Agent in 2022

    Ricardo Borjas

    First Family Homes

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Map

Source: The MLS

MLS Number: 22-128917

The MLS

APN: 6206-014-012

California Los Angeles County South Gate 90280

9622 Long Beach Blvd, South Gate, CA

This home is located at 9622 Long Beach Blvd, South Gate, CA 90280 since 10 February 2022 and is currently estimated at $923,594, approximately $246 per square foot. This property was built in 1945. 9622 Long Beach Blvd is a home located in Los Angeles County with nearby schools including Stanford Avenue Elementary School, Southeast Middle School, and South Gate Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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