Medical Office
8464 California Ave, South Gate, CA 90280
For Sale
$649,000
Former healthcare facility with parking for up to 12 vehicles.
Property Size1,753 SF
Price / SF$370.22
Days on Market55
Property Features for 8464 California Ave
General Information
Standard status
Size
Total Parking Spaces
Additional Details
Highway Access
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Century 21 LOTUS
Listed By:
Edwin Acevedo · License #01854178
(562) 761-9290
Source:
Myfabuloushome
Added: Sep 16
Changed: Oct 25
Last Checked: Oct 7 at 4:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 LOTUS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,753-square-foot commercial building at 8464 California Ave was built in 1925 and previously operated as a medical office. The existing property offers a documented healthcare-use configuration, with the source information also identifying potential for broader commercial adaptation and live-work use.
The property is located in South Gate, with access to major highways, shopping, and dining. On-site parking can accommodate up to 12 cars, providing a practical feature for staff, visitors, or customers. The site has also been described as capable of supporting a larger backyard configuration, subject to applicable approvals and requirements.
The property is located in South Gate, with access to major highways, shopping, and dining. On-site parking can accommodate up to 12 cars, providing a practical feature for staff, visitors, or customers. The site has also been described as capable of supporting a larger backyard configuration, subject to applicable approvals and requirements.
Key Highlights
- 1,753‑square‑foot building
- Previously used as a medical office
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,319
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,380
$766.4K
Cap Rate 7%
$547,414
$547.4K
Cap Rate 9%
$425,767
$425.8K
Market Conditions
NOI Build-Up for 1,753 SF
Gross rent
$67.3K $38.40/SF
− Vacancy
−$16.2K −$9.25/SF
EGI
$51.1K $29.15/SF
− OpEx
−$12.8K −$7.29/SF
NOI
$38.3K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,380
Cap Rate 7%
$547,414
Cap Rate 9%
$425,767
Alternative Uses
Best Use
Office B
$547.4K
$479.0K – $638.7K
NOI $38,319 @ 7.0% cap · market cap 5.90%
Second Best
Mixed Use
$507.1K
$443.7K – $591.6K
NOI $35,498 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$938.5K
$821.2K – $1.09M
NOI $65,698 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Los Angeles County, CA
Properties on Market for Medical Office Space in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Former healthcare facility with parking for up to 12 vehicles.
Where is this medical office space located?
The property is located at 8464 California Ave South Gate, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1,753‑square‑foot building; Previously used as a medical office; Built in 1925
