5810 Imperial new

South Gate,CA 90280

$ 2785000

- Bed

- Bath

8970 SqFt


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

Year Built 1961

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

Building

Water Public

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