9222 California Ave South Gate, CA 90280 9222 California Ave 12 Unit Apartment Building $1,500,000 ($125,000/Unit) 5.07% Cap Rate South Gate, CA 90280

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. Existing building is approx. 5,148 SF on approx. 4,164 SF lot, zoned SGCR. 100% leased and separately metered for both gas and electricity. 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 and with current tenants in place. 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 with your interest in the meantime.