Property profile

9516 Rayo Ave South Gate, CA 90280

FOR SALE
Manufacturing properties
Property ID
US09-8560539
3,348 SF 0.19 ac lot Built 1951
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard
9516 Rayo Ave, South Gate, CA 90280 For Sale
$1,250,000 3,348 SF
9516 Rayo Ave, South Gate, CA 90280
View Listing →

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1951
Construction TILT-UP CONCRETE
Total area 3,348 SF
Lot 0.19 ac (8,201 SF)
Zoning code SGM2*
APN 6222-033-033
UPID US09-8560539

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9516 Rayo Ave South Gate, CA 90280
South Gate metro Census 536104 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
$600k
Comparable Approach Comparable
$977k
Blend (final) Blend
$770k

Owner & transaction history

since 2022
Last sale
$770,000
6 recorded transactions
2022
Price N/A
2016
$770,000
2013
Price N/A
2011
Price N/A
1989
Price N/A
1989
$275,000

Zoning & alternative use

SGM2* · South Gate, CA
Top alternative use upside
Warehouse, storage $985,000 +61.8%
Commercial (general) $710,000 +17.0%
Retail stores $710,000 +16.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message