9616 Long Beach Boulevard, South Gate, California 90280, South Gate, 90280 - 0 bed, 0 bath
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South Gate, California 90280
This Mixed-Use Income Asset is listed at $840,000, aligning with its $827,250 Fair Market Value. The property delivers immediate cash flow via a ground-floor barbershop and a 3-bedroom apartment, though its Condition Rating of 4 suggests significant modernization upside. The mandatory joint acquisition of the adjacent property at 9612 Long Beach Blvd provides a rare redevelopment opportunity in a thriving corridor near South Gate Senior High School. This is a strategic acquisition for Buy-and-Hold Investors or Developers targeting high-density growth in South Gate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9616 Long Beach Boulevard Subject | $840,000* List Price | 0 | 0 | 3,753 | $220 | - |
A 9612 Long Beach Boulevard Active | $840,000 List Price | 0 | 0 | 3,953 | $212 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this mixed-use property is functional but shows significant signs of age and outdated styling. The residential kitchen and bathroom feature older cabinetry, laminate surfaces, and aged fixtures that have not been recently modernized. While the building is operational and currently occupied, the 'as-is' condition and weathered exterior indicate a need for cosmetic updates and deferred maintenance addressing.
The property offers a diverse revenue stream featuring two ground-floor commercial units and a three-bedroom residential apartment, providing immediate cash flow and investment stability.
The requirement to purchase this property alongside the adjacent lot at 9612 Long Beach Blvd creates a substantial footprint for significant expansion or high-density redevelopment in a thriving area.
With five dedicated rear parking spaces and a shared driveway easement, the property ensures rare and convenient access for both commercial clientele and residential tenants.
The obligation to purchase the adjacent property simultaneously increases the total capital outlay and complexity, which may be a barrier for some investors.
Constructed in 1940 and sold in as-is condition with tenants in place, the property likely requires significant modernization and deferred maintenance investment.
**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
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 | 1940 | - | 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
May 24, 2023
$749,000
Public Record