8253 Long Bch Blvd, South Gate, CA 90280-2044
- Retail space
- 3,036 SF
- 0.13 lot acres
Current Use by Public Records
- Univista Insurance / Insurance Agency
Property Details for 8253 Long Bch Blvd
- Year built
- 1928
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Zone code
- SGC3*
- Property type
- Retail space
- APN
- 6202-025-001
- APU
- 6202025001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 12, 2022 | $800,000 | Terra Investments LLC | 528 Ngf Properties LLC | Grant Deed | — |
| Apr 19, 2018 | $900,000 | 528 Ngf Properties LLC | United26 Properties LLC | Grant Deed | — |
| Jun 21, 2016 | — | United26 Properties LLC | Zahab,edward | Quit Claim Deed | — |
| Jan 5, 2016 | $526,000 | Edward Zahab | Platinum Finance Properties In | Grant Deed | — |
| Jan 5, 2016 | — | Edward Zahab | Behremand,behnaz | Quit Claim Deed · related | — |
| Jun 11, 2014 | $372,500 | Finance Properties In Platinum | Asset Foreclosure Services | Trustees Deed · related | — |
| Jun 15, 2006 | $575,000 | Rocio Sanchez | Oscar E Martinez | Grant Deed | $460k · Metwest Commercial Lender INC |
| Oct 24, 2003 | — | Oscar E Martinez | Garcia,sylvia M | Grant Deed · related | — |
| May 17, 2001 | — | Sylvia M Garcia | Garcia,s M Tr | Quit Claim Deed · related | — |
| Feb 23, 1996 | $140,000 | Garcia,sylvia M | Fernandez,mario | Trustees Deed | $110k · Seller |
| Feb 23, 1996 | — | Sylvia M Garcia | Juarez,l V | Quit Claim Deed · related | — |
| — | — | Rocio Sanchez | — | Deed Of Trust · related | $60k · Oscar E & Maria E Martinez |
| — | — | Rocio Sanchez | — | Deed Of Trust · related | $60k · Oscar E & Maria E Martinez |
| — | — | Sylvia M Garcia | — | Deed Of Trust · related | $275k · Banco Popular NA |
| — | — | Oscar E Martinez | — | Deed Of Trust · related | $300k · No Lender On Document |
Description
This exceptional 3,036 square foot medical office building, located at 8253 Long Beach Blvd in South Gate, CA, presents a unique investment opportunity. The property, situated on a 5,831 square foot lot, boasts a newly renovated interior (2020) and offers two available suites: a larger unit ranging from 2,264 to 3,036 square feet, and a smaller 772 square foot unit. Both are delivered in vanilla shell condition, featuring new electrical systems, HVAC, restrooms, paint, ceramic tile flooring, drop ceilings, and Title 24 compliant lighting. This is a true plug-and-play opportunity. The building benefits from high visibility and traffic counts of approximately 24,203 cars per day. The surrounding area demonstrates strong retail presence and a robust demographic profile, with over 453,159 residents within a three-mile radius and an average household income exceeding $67,618. The property includes six parking spaces, providing ample parking for tenants and visitors. The larger unit is priced at $2.50 to $2.75 per square foot, plus $0.50 per square foot in NNN charges, while the smaller unit is priced at $2.75 per square foot, plus $0.50 per square foot in NNN charges. This property is ideal for medical professionals seeking a modern, well-located space in a thriving community. The building is a single-story structure with excellent visibility and accessibility.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $800,000
- ML approach
- $750,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,120,000
- 6.5%
- $1,035,000
- 7%
- $960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $933,000
Market price range: $369k - $933k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $645,000 Current use
- WAREHOUSE, STORAGE
- $890,000 Change: +39% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $645,000 Change: +0% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Gate
- County
- Los Angeles
- State
- California
- Longitude
- -118.225
- Latitude
- 33.9632
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
