8253 Long Beach BlvdSouth Gate, CA 90280

Property Details for 8253 Long Beach Blvd

Year built

1928

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

3,036 SF

Zone code

SGC3*

Property type

Retail properties

Property subtype

Retail space

APN

6202-025-001

APU

6202025001

Description

This exceptional 3,036 square foot medical office building, located at 8253 Long Beach Blvd in South Gate, CA, presents a unique investment opportunity. The property, situated on a 5,831 square foot lot, boasts a newly renovated interior (2020) and offers two available suites: a larger unit ranging from 2,264 to 3,036 square feet, and a smaller 772 square foot unit. Both are delivered in vanilla shell condition, featuring new electrical systems, HVAC, restrooms, paint, ceramic tile flooring, drop ceilings, and Title 24 compliant lighting. This is a true plug-and-play opportunity. The building benefits from high visibility and traffic counts of approximately 24,203 cars per day. The surrounding area demonstrates strong retail presence and a robust demographic profile, with over 453,159 residents within a three-mile radius and an average household income exceeding $67,618. The property includes six parking spaces, providing ample parking for tenants and visitors. The larger unit is priced at $2.50 to $2.75 per square foot, plus $0.50 per square foot in NNN charges, while the smaller unit is priced at $2.75 per square foot, plus $0.50 per square foot in NNN charges. This property is ideal for medical professionals seeking a modern, well-located space in a thriving community. The building is a single-story structure with excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,282,137

  6.5%

  $1,183,511

  7%

  $1,098,974

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,454,861

  Geo Method

  $1,454,861

• Alternative Use

  Use

  Valuation

  Residential

  $998,336

  Hospitality

  $914,470

  Educational

  $760,828

  Medical

  $786,994

  Retail

  $1,183,511

Location Insight

City

South Gate

County

Los Angeles

State

California

Latitude

33.9632

Longitude

-118.225

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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