9616 Long Beach Boulevard
Residential Income Details
The mixed-use freestanding building in the City of South Gate. This building has two retail tenants on a month-to-month lease: Party Store and a Bar. There are also two apartments upstairs which are also below market rent and each unit has a 1 bedroom and 1 bath floor plan. Parking access is shared with the neighboring buildings to the north but there is no easement either. This building does qualify for 90% SBA Financing, if a Buyer intends to occupy the entire ground floor. The current income is $3,810 per month which is approximately $.68 per square foot. These rents are well below market leaving tremendous upside for a new Buyer and a live-work opportunity as well.
|Number of Units||0|
|Listing Brokerage||Hudson Commercial Partners, In|
|Listing Agent||Jay Martinez|
|Listing Agent BRE #||01954238|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, June 25, 2018.
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