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9804 Atlantic Avenue $1,120,000


9804 Atlantic Avenue South Gate, CA 90280

  • 0 Beds
  • 0 Baths
  • 5,096 sq.ft.
  • Multi-Family
MLS# AR18280767 | Active
Days On Market: 114 1 Views
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Property Details

9804 Atlantic Avenue, a 3-unit mixed use property comprised of a 2Bed +1Bath House with garage and 2 retail commercial storefront units located in the city of South Gate. This non-rent-controlled value-add opportunity is perfect for an investor looking to acquire an investment property and maximize its income potential. The property has been under the same ownership since 2010 and since then, is the first time being offered for sale. The house is detached with an excellent size garage and laundry room. There is an additional storage room attached that can be converted to create additional income. Both retail units are very large with an excellent open layout and new security system cameras throughout. The units have been re-piped with copper plumbing and have many upgrades throughout. Included with the sale of the property is an existing Restaurant / Fish Market business containing all the equipment necessary to scale and strategically grow the business. The price of the existing business is an additional $200,000. Some of the equipment may be included but not limited to: New Display Glass Freezers for frozen merchandise, New Stove, New oven, New Cash Register, New Fridges, New Freezers, New Sinks, New cabinetry, merchandise inventory and much more. Buyers/Brokers to do their own due diligence and satisfy themselves of the correctness of the information.

  • General Features
    • Number Of Units Leased 3
    • Number Of Separate Water Meters 1
    • Number Of Separate Electric Meters 3
    • Number Of Separate Gas Meters 3
    • Number Of Units Total 3
    • YearBuilt 1958
    • County Or Parish Los Angeles
    • Number Of Buildings 2
    • Community Features Curbs, Sidewalks, Street Lighting, Urban
    • Association Fee 0.00
  • Building Features
    • Accessibility Features Parking
    • Appliances 6 Burner Stove,Freezer,Microwave,Range/Stove Hood
    • Cooling Central
    • Exterior Features Lighting
    • Fireplace Features See Remarks
    • Heating See Remarks
    • Interior Features Furnished
    • Laundry Features See Remarks
  • Property Features
    • Fencing Masonry,New Condition,Security
    • Lot Size Acres 0.19
    • Lot Features 2-5 Units/Acre, Level with Street, Lot 6500-9999, Lot Shape-Rectangular, Park Nearby
    • Pool Private Y/N 0
    • Pool Features None
    • Parking Total 2.00



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Market Last 30 Days

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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $1,120,000
11/27/2018 3:48:00 PM New in Database Source

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Based on information from California Regional Multiple Listing Service, Inc. as of 3/22/2019 10:55:42 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.