Listings

9832 Pinehurst Ave, South Gate, CA 90280
Sold: $2,950,000

Units: 12

CAP: 2.72

  • Great Rental Market – Border of South Gate & Downey
  • Great Unit-Mix of 1-Bedroom, 2-Bedroom, and 3-Bedroom Units
  • Value – Add Opportunity
  • Significant Upside in Rents
  • Adequate Covered Parking Spaces
  • Income-Generating Laundry Room

Lead Agent : Arnie Suttipreechanun

Phone Number : 562 257 1291

Email Address : arnie.sutti@marcusmillichap.com

image 1 of 1

Marcus & Millichap is pleased to present a 12-unit apartment building located at 9832 -9836 Pinehurst Avenue in South Gate, California. Built in 1963, the subject property consists of 10,508 rentable square feet spread throughout a 14,263 square foot lot with an income-generating laundry room.  The unit-mix includes two 3-bedroom/2-bathroom, one 2-bedroom/1-bathroom, one 2-bedroom/2-bathroom and eight 1-bedroom / 1-bathroom units. Owners enjoy the high demand for rentals in the mid-cities of Southern California. Tenants can appreciate living across from South Gate Park, offering many outdoor and indoor recreation activities including tennis, soccer, baseball, a skate park and batting cages. One of the most known soccer centers in all of Southern California, Goals Soccer, is also located at this park.

Situated approximately 7 miles southeast of downtown Los Angeles, South Gate is the 17th largest city in Los Angeles County, comprising 7.4 square miles.  Strategically located near major highways, including Interstate 710 (Long Beach Freeway), Interstate 5 (Santa Ana Freeway) and Interstate 105 (Glen Anderson Freeway). South Gate is known as the “Azalea City” when it adopted the flowers as its symbol in 1965 and has a population of 94,642 as of 2019.

Related Listings

Call us today for a complimentary market analysis

Contact Us