Six-Unit Townhome-Style
For Sale
$1,975,000
9643 Mallison Avenue, South Gate, CA 90280
Six-unit multifamily property with townhome-style layouts, carport parking, and onsite laundry.
Property Size5,295 SF
Days on Market229
Property Features for 9643 Mallison Avenue
General Information
Standard status
Active
Size
5,295 SF
Property subtype
Apartment
Additional Details
Multifamily Units
6
Amenities
carport parking
laundry onsite
Building Details
Building Size
5,295 SF
Year Built
1961
Tenancy
Multi
Listing Agency:
Property Leaders 949-680-5519 Overview Additional information MLS R ID OC26034848 Interior features Heating Yes Exterior features Lot Size 0.18 Acres Other property details 55+/Senior Community No Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Kevin Yee CA DRE# 02154195 with Property Leaders 949-680-5519
Listed By:
Kevin Yee CA DRE# 02154195 · License #02154195
(949) 680-5519
Source:
Truthrealty
Added: Feb 22
Changed: Sep 28
Last Checked: Oct 7 at 3:31PM
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 Property Leaders 949-680-5519 Overview Additional information MLS R ID OC26034848 Interior features Heating Yes Exterior features Lot Size 0.18 Acres Other property details 55+/Senior Community No Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Kevin Yee CA DRE# 02154195 with Property Leaders 949-680-5519
Investment Insights
Based on property information with market context.
This is a six-unit apartment building offering a strong mix of townhome-style units. The property includes one 3-bedroom / 1.25-bath unit and one 2-bedroom / 1-bath unit, along with two 2-bedroom / 2-bath units and two 1-bedroom / 1-bath units. Carport parking is provided, and there is laundry onsite with equipment that is not leased.
The building is described as being in an excellent location, with walking distance to a school, parks, and shopping.
The seller notes that vacancies are rarely available, and that rents are below market.
The building is described as being in an excellent location, with walking distance to a school, parks, and shopping.
The seller notes that vacancies are rarely available, and that rents are below market.
Key Highlights
- Six‑unit multifamily building with townhome‑style layouts and a mix of 1-, 2-, and 3‑bedroom units
- Unit mix includes 1 three bed/1.5 bath townhome, 1 two bed/1 bath townhome, 2 two bed/2 bath units, and 2 one bed/1 bath units
- Carport parking available for residents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,201
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,704,020
$1.7M
Cap Rate 7%
$1,217,157
$1.2M
Cap Rate 9%
$946,678
$946.7K
Market Conditions
NOI Build-Up for 5,295 SF
Gross rent
$168.4K $31.80/SF
− Vacancy
−$13.5K −$2.54/SF
EGI
$154.9K $29.26/SF
− OpEx
−$69.7K −$13.17/SF
NOI
$85.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,704,020
Cap Rate 7%
$1,217,157
Cap Rate 9%
$946,678
Alternative Uses
Best Use
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,201 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.31M
NOI $198,445 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily property with townhome-style layouts, carport parking, and onsite laundry.
Where is this apartment building located?
The property is located at 9643 Mallison Avenue South Gate, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Six‑unit multifamily building with townhome‑style layouts and a mix of 1-, 2-, and 3‑bedroom units; Unit mix includes 1 three bed/1.5 bath townhome, 1 two bed/1 bath townhome, 2 two bed/2 bath units, and 2 one bed/1 bath units; Carport parking available for residents
