5810 Imperial new

South Gate,CA 90280

$ 2785000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25241966

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

Laundry None

Building

Lot Description 6-10 Units/Acre

Story 1

Water Public

Others

Special Listing Condition Standard

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