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Property profile & analytics
FOR SALE
Retail space

9849 Atlantic Ave South Gate, CA 90280

22,503 SF 1.4 ac lot Built 1987
Entity Owned 29-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6258453
Property summary
AI-generated overview

Rincon Del Sol Shopping Center, located at 9849 Atlantic Ave in South Gate, California (zip code 90280), presents a compelling investment opportunity in a thriving Los Angeles County retail market. This single-story strip center totals 21,666 square feet and comprises nine individual suites, offering excellent flexibility for a variety of retail tenants. Currently, there are two available spaces ranging in size from 1,150 square feet to 2,680 square feet, providing potential for expansion or immediate occupancy. The property's prime location in South Gate ensures high visibility and accessibility for customers. The property is classified as a retail strip center with multiple tenancies, making it an ideal investment for those seeking diversified income streams. The building's single-story design offers convenient access for both tenants and customers. This property is situated in Los Angeles County, a region known for its robust economy and high population density, contributing to a strong potential for rental income and property appreciation. The specific coordinates are latitude 33.9421895 and longitude -118.1820834. This is an exceptional opportunity to acquire a well-positioned retail property in a high-traffic area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction TILT-UP CONCRETE
Total area 22,503 SF
Lot 1.4 ac (61,149 SF)
Zoning code SGSITEPLAN
APN 6222-027-004
UPID US09-6258453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • First Mortgage Corporation Loan Service Bank
  • United Medical Care Center Medical Clinic
  • American Dental Care Dental Office
  • American Dental Care: Zaki Wedad T DDS Dental Office
  • Dr. Melath K. Alhassan, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.40M
Blend (final) Blend
$3.32M
Owner & transaction history
Taoming,llc · 29 yrs held
Taoming,llc
since 1997
6 recorded transactions
1997
Price N/A
1996
$1.8M
1989
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SGSITEPLAN · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.8M +0.2%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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