www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27350349
27350351

9201 California Ave, South Gate, CA 90280

MM
CA 01303106
One West Realty Inc
Listed by One West Realty Inc
$2,950,000
264 days on market
Updated 69 days ago

9201 / 9209 California Ave

Details
APN 6209-018-001 / 6209-018-003
Property Type Retail
Sub Type Shopping Center
Square Footage 13,449
Net Rentable (SqFt) 13,230
Units 9
Occupancy 65%
Tenancy Multi
Lease Type Gross
Remaining Term 1
Pro-Forma Cap Rate 7.28%
Pro-Forma NOI $214,646
Price per SqFt $219
Broker Co-Op Yes
Year Built 1947
Stories 2
Lot Size (SqFt) 16,620
Zoning MS
Investment Type Value Add

South Gate / Southeast Los Angeles Retail Corridor

Marketing description


Location & Accessibility
South Gate is strategically located in the Gateway Cities portion of Southeast Los Angeles County, roughly 7 miles southeast of downtown LA. (cityofsouthgate.org) The property benefits from strong vehicular exposure and connectivity, given its proximity to the 710 Freeway and 105 Freeway corridors. (cityofsouthgate.org) This location offers direct access to major commuting flows and regional traffic, a key driver for retail and service-based tenants.

Demographics & Trade Area
South Gate is a dense, mature urban market with a population in the tens of thousands—complemented by a broader trade population of nearly 1 million people within a 5-mile radius. (cityofsouthgate.org) The resident base is predominantly Hispanic/Latino, which often drives demand for local service retail, food & beverage, automotive, and community-oriented tenants. (Wikipedia) The retail sales base is already well established; in 2022, the city’s total retail sales were over $1.2 billion. (Census.gov)

Retail Market Outlook & Trends
In LA County, the retail sector has seen modest headwinds and softening lease activity in recent quarters, with vacancy inching upward. (NAI Capital) But importantly, the increase in vacancy is still relatively constrained (e.g. retail vacancy in LA County remains in the low-to-mid single digits, historically ≈ 5–6 %) even as leasing volumes are slightly down. (NAI Capital)
Markets like South Gate, along active arterials, often see retail resilience, especially for service, food, automotive, health, and value-oriented concepts. Local corridor retail also tends to benefit from stability in walk-in and neighborhood demand.

There’s cautious optimism in the Southern California CRE community: respondents expect slight increases in vacancy over the next few years, but also modest rent growth in many submarkets. (UCLA Anderson School of Management)

Competing Properties & Anchors

  • South Gate Plaza is a nearby retail center anchored by Northgate Market, which continues to maintain tenant demand and activity. (northgatemarketrealestate.com)

  • El Paseo Shopping Center in South Gate recently secured a $43M refinancing, signaling confidence from institutional investors in the submarket. (REBusinessOnline)

  • Nearby lease listings in South Gate show inline retail asking rates in the $28/SF/YR (≈ $2.33/SF/Mo) range. () These comps validate upside beyond your conservative underwriting.


Investment highlights

Investment Thesis / Positioning

  • The subject property sits along a main retail corridor with high visibility and regional connectivity.

  • All current leases are month-to-month, giving a buyer flexibility to re-lease to market or re-position.

  • Vacancy is concentrated in large blocks (above gym, offices) — which offers bulk leasing upside for a user or investor.

  • At underwritten rents (e.g. $2.00/SF/Mo), projections suggest a strong stabilized yield relative to comparable strip retail in the area.

  • The buying opportunity is essentially a value-add retail reposition play in a core local corridor—not a speculative fringe bet.

Listing Contacts

MM
CA 01303106
One West Realty Inc
Listed by One West Realty Inc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Manuel Madrid
License
01303106
Brokerage
One West Realty
Title
Real Estate Broker
Brokerage Address
3155 Sedona Court
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591