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    8932 State Street

    South Gate, CA 90280
    • $648,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: GD21081561
    UPDATED: 29 min ago
    $648,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T00:28:49.13. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/116243321
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    8932 State Street South Gate, CA 90280

    • Price: $648,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: GD21081561
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1946
    Built
    Neighborhood:
    T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
    County:
    Los Angeles
    Area:
    T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
    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.
    Exterior Features

    Lot Features Street Level Open Parking Spaces 7 Parking Total 7

    Property Features

    Additional Parcels YN No Common Interest None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right With Exception Number Of Units Leased 3 Property Sub Type Retail Special Listing Conditions Standard Water Source Public Zoning Nm - Neighborhood Medium

    Listing provided courtesy of Krikor Garabedian of Keller Williams R.E. Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T00:28:49.13. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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