
South Gate, California 90280
This Mixed-Use Commercial/Residential Asset is a strategic acquisition listed at $840,000, aligning perfectly with its $840,000 Fair Market Value. Currently maintaining a Condition Rating of 4, the property generates a Diversified Income Stream via two retail storefronts and two residential units near Stanford Avenue Elementary and South Gate Senior High. With Nine Dedicated Parking Spaces and mandatory joint purchase requirements for the adjacent lot, the site offers massive Redevelopment Potential in a high-traffic corridor. This complex value-add opportunity is an ideal match for Buy-and-Hold Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9612 Long Beach Boulevard Subject | $840,000* List Price | 0 | 0 | 3,953 | $212 | - |
A 9616 Long Beach Boulevard Active | $840,000 List Price | 0 | 0 | 3,753 | $224 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this mixed-use property is aged but functional and currently occupied by commercial and residential tenants. The exterior and parking lot show visible wear and tear, and the 'as-is' sale condition combined with the lack of interior photos suggests that the units are outdated and likely require minor updates or repairs to meet modern standards.
This mixed-use asset provides a balanced revenue model with two commercial storefronts and two residential units, mitigating vacancy risk through multiple tenant types.
The mandatory joint purchase with the adjacent lot offers a rare opportunity to acquire a larger contiguous footprint for significant redevelopment or expansion in a high-traffic corridor.
The inclusion of nine dedicated parking spaces at the rear is a premium feature for South Gate, significantly enhancing the accessibility and appeal for both commercial customers and residents.
The requirement to purchase the adjacent property concurrently increases the total capital requirement and complexity, potentially narrowing the field of prospective buyers.
The 'as-is' condition combined with 'subject to interior inspection' terms limits the buyer's ability to assess the physical state of the 1947-built interiors prior to making an offer.
**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 beauty salon (current rent $1,534), a nutrition shop (current rent $1,515) and two apartments on the second floor: 1 bedroom apartment (current rent $1,216) and an additional 1 bedroom apartment (current rent $1,212), With 9 parking spaces located at the rear of the property. To respect tenant privacy, we kindly ask that you do not disturb them, Drive by only, SUBJECT TO INTERIOR INSPECTION. Operating expenses are estimated, 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 9616 Long Beach Blvd. MLS # SR25053980, creating even greater possibilities for expansion or redevelopment in this thriving area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.3 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1947 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 9, 2026
$840,000
$869,000
-3% Price Drop
Initial Listing
Aug 25, 2025
$869,000
Initial Listing
Mar 11, 2025
$895,000
Initial Listing
Jul 27, 2018
$590,000
Public Record