South Gate, CA 90280,8932 State ST
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South Gate, CA 90280,8932 State ST
South Gate, CA 90280,8932 State ST
South Gate, CA 90280,8932 State ST
South Gate, CA 90280,8932 State ST

$625,000

Est. payment /mo

$648,000

3.5%
Est.Price: ?

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8932 State ST South Gate, CA 90280

5,588 Sqft Lot

SOLD DATE : 04/04/2022

Key Details

Sold Price $625,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD21081561

Sold Date 04/04/22

HOA Y/N No

Year Built 1946

Lot Size 5,588 Sqft

Lot Dimensions Assessor

Property Description

We are pleased to present a 3-unit retail & workshop property, located in the City of South Gate on State Street near the large signalized intersection of State Street and Firestone Boulevard. This property presents a rare opportunity to purchase an affordable multi-tenant property that will allow an owner-user to occupy one of the suites and rent out the rest of the units to generate income.
The property is approximately 2,030 square feet in size and is situated on nearly 5,600 square foot of land. Each unit is between 600 to 700 square feet, with two retail storefronts units in the front and a workshop unit in the back. There is a driveway which leads from State Street to the parking lot in the rear.
At the present time, the property has one retail unit and the rear workshop unit occupied. All of the tenants are on a month to month lease and are enjoying below market rents.
We ask that you do not disturb the tenants and contact the Listing Agent for additional details.

Location

State CA

County Los Angeles

Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore

Zoning NM - Neighborhood Medium

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Total Parking Spaces 7

Building

Lot Description Street Level

Water Public

Others

Tax ID 6210026038

Financing Cash to New Loan

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Krikor Garabedian • Keller Williams R.E. Services
Bought with Dae Young Hur • Keller Williams Larchmont

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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