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9212 California Ave., South Gate, CA 90280 9212 California Ave 712 SF 100% Leased Office Building South Gate, CA 90280 $300,000 ($421.35/SF) 6.10% Cap Rate



INVESTMENT HIGHLIGHTS
- Trust Sale, subject to Court confirmation and overbidding in Court.
- Vacant Standalone Office Building
- Ideal for investors, developers, or owner-users seeking a value-add opportunity.
- For Sale AFTER 56 years!
- Adjacent 12-unit apartment building (fully leased) also available from the same seller.
- Prime South Gate location with excellent visibility and access to I-710, shopping, dining, and schools.
EXECUTIVE SUMMARY
Trust Sale, subject to Court confirmation and over-bidding in Court. For Sale AFTER 56 years! Two side-by-side parcels for sale together. An office building located at 9212 California Ave (MLS#25599609), currently vacant and will be delivered vacant at close of escrow, listed for sale at $300,000, and a 12-unit apartment building at 9222 California Ave. (MLS#25599499), listed separately for $1,500,000. Total combined list price is $1,800,000. Both properties MUST be sold together, and will be subject to overbid in Court together. The 12-unit apartment building consists of 12 x 1 bed 1 bath unit. The office building is approx. 712 SF structure on an approx. 4,167 Lot SF, ideal for owner-users, investors, or developers. Zoned SGCR, the property offers strong potential for redevelopment or expansion. Prime location with high visibility and easy access makes this a valuable opportunity to reimagine and maximize the site's potential. Shared driveway and parking. Minutes away from shopping centers, dining options, schools, entertainment, public transportation, and I-710. Sold AS IS and WHERE IS with all faults, and without warranty, express or implied. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Please Do Not Disturb Tenant(s). Call to Schedule a Showing! Please email sales@iagpm.com, or call (310) 207-2288 with your interest in the meantime.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$24,000
|
$33.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,000
|
$33.71
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,702
|
$8.01
|
| Net Operating Income |
$18,298
|
$25.70
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $33.71 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $33.71 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,702 |
| Annual Per SF | $8.01 |
| Net Operating Income | |
|---|---|
| Annual | $18,298 |
| Annual Per SF | $25.70 |
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
712 SF
Building Class
B
Year Built
1947
Price
$300,000
Price Per SF
$421.35
Cap Rate
6.10%
NOI
$18,300
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
712 SF
Building FAR
0.17
Lot Size
0.10 AC
Zoning
SGCR* - Special Purpose – City and Regional Infrastructure
1 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 6209-019-034 | Improvements Assessment | $51,998 |
| Land Assessment | $212,241 | Total Assessment | $264,239 |
PROPERTY TAXES
Parcel Number
6209-019-034
Land Assessment
$212,241
Improvements Assessment
$51,998
Total Assessment
$264,239
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9212 California Ave., South Gate, CA 90280 | 9212 California Ave
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