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$ 2,785,000
Est. payment | /mo
0.43 Acres Lot
$ 2,785,000
Est. payment | /mo
0.43 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25241966
HOA Y/N No
Year Built 1961
Annual Tax Amount $35,100
Lot Size 0.431 Acres
Property Sub-Type Retail
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
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 6234004034
Special Listing Condition Standard
Listed by Edward Hsu Channel Investment Group 949-610-2700