Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8821 Garfield Ave South Gate, CA 90280-3710

    • Hotels
    • 28,210 SF
    • 1.65 lot acres
    OFF-MARKET
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8715792
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • GuestHouse Inn & Suites South Gate / Hotel
    • Comunidad Betel / Assemblies Of God Church
    • Guardian Testing / Medical Laboratory / Medical Office
    • Days Inn & Suites by Wyndham South Gate / Hotel / Inn

    Property Details for 8821 Garfield Ave

    Year built
    1998
    Construction
    WOOD
    Lot size
    1.65 lot acres
    Property size
    28,210 SF
    Zone code
    SGM3*
    Property type
    Hotels
    APN
    6232-002-014
    APU
    6232002014

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $575,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Gate
    County
    Los Angeles
    State
    California
    Longitude
    -118.165
    Latitude
    33.9504
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $46,238
    $1,226,640
    $1,700,572
    $2,927,212
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $270,000
      6,323 SF

      2761 Firestone Blvd

      HOTEL • 6,323 SF
      2761 Firestone Blvd, South Gate, CA 90280-2708
      View Details
    • Value Estimation
      $240,000
      8,840 SF

      9010 Long Bch Blvd

      HOTEL • 8,840 SF
      9010 Long Bch Blvd, South Gate, CA 90280-2810
      View Details
    • Value Estimation
      $255,000
      1,044 SF

      S

      MOTEL • 1,044 SF
      S, Gate, CA 90280
      View Details
    • Value Estimation
      $410,000
      8,021 SF

      8409 Long Bch Blvd

      MOTEL • 8,021 SF
      8409 Long Bch Blvd, South Gate, CA 90280-2014
      View Details
    • Value Estimation
      $300,000
      3,600 SF

      2979 Firestone Blvd

      MOTEL • 3,600 SF
      2979 Firestone Blvd, South Gate, CA 90280-2738
      View Details
    • Value Estimation
      $295,000
      5,733 SF

      10242 Atlantic Ave

      MOTEL • 5,733 SF
      10242 Atlantic Ave, South Gate, CA 90280
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7.19 Acres

      South Gate Industrial Land - 7.19 Acres

      Prime South Gate industrial land, ideal for development.
      5310-5335 Southern Ave, South Gate, CA 90280
      View Details
    • $509,000
      1,049 SF

      3,575 SF South Gate Owner/User Opportunity

      3,575 SF South Gate Owner/User Opportunity
      4308 Firestone Blvd, South Gate, CA 90280
      View Details
    • $4,186,000
      18,200 SF

      Industrial Building Near 710 Freeway

      Freestanding industrial building with yard, rail access, and cranes.
      10735 Sessler St, South Gate, CA 90280
      View Details
    • $204,950

      Senior Community Mobile Home

      Mobile home in a quiet senior community with amenities.
      10001 W Frontage Rd, South Gate, CA 90280
      View Details
    • $799,999

      Manufacturing Buildings with Renovation Updates

      Two light manufacturing buildings with versatile permitted uses.
      10513 Dolores Ave, South Gate, CA 90280
      View Details
    • $1,500,000

      California Avenue Property For Sale

      Property for sale located on California Avenue in South Gate.
      9222 California Ave, South Gate, CA 90280
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      148,517 SF

      South Gate Industrial Property

      136 Suites, 148,517 SF, CA
      5625 Firestone Blvd, South Gate, CA 90280
      View Details
    • $2 SF/Yr
      8,929 SF

      South Gate Retail Space Available

      Retail, medical, or office space for rent in South Gate.
      12222-12222 Garfield Ave, South Gate, CA 90280
      View Details
    • $0.69 SF/Yr
      14,400 SF

      South Gate Warehouse with Yard

      Freestanding warehouse with yard, visible location, convenient freeway access.
      8660 Atlantic Ave, South Gate, CA 90280
      View Details
    • Contact for pricing
      376,019 SF

      Azalea Shopping Center: Retail Investment

      High-traffic retail center; multiple spaces available.
      4635 Firestone Blvd, South Gate, CA 90280
      View Details
    • $4,289,220
      10,998 SF

      South Gate Cold Storage Warehouse

      Freestanding cold storage building in South Gate available for lease.
      4565 Firestone Blvd, South Gate, CA 90280
      View Details
    • $2.00 SF/Yr
      3,000 SF

      Industrial Warehouse Space Available

      3000 sqft warehouse space for rent in South Gate.
      8965 Lotta Ave, South Gate, CA 90280
      View Details

    Property Visit Statistics

    • Visits by month
      23.5k
    • Visitors by month
      23.4k
    • Avg Time on site
      54 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8821 Garfield Ave
    South Gate, CA 90280-3710
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.