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Listed by Edward Hsu • Channel Investment Group
$ 2,785,000
Est. payment /mo
New
5810 Imperial South Gate, CA 90280
8,970 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,970 sqft
Price per Sqft $310
MLS Listing ID CRNP25241966
HOA Y/N No
Year Built 1961
Lot Size 0.431 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
This neighborhood retail center located at 5810-5820 Imperial Hwy., South Gate is fully occupied by 6 irreplaceable, long-term tenants: Auggie's Bar, Family Dentistry, Barber Code, Tattoo Shop, GG's Lashes and Pet's Mart. All tenants are in this location for 5-12 Years and have signed long term leases. Total annual rent received is $ 221,016 (actual). Tenants are responsible for all utilities and maintenance within the units. The current offering is priced @ 6% cap rate (actual income, not proforma). Don't miss this excellent investment opportunity for stable income and future profit potential. Please request the OM / rent roll via email (see agent's remark) for detail information.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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