8932 State Street, South Gate, CA 90280

$650,000
2,030
SqFt
List Price
$650,000
Status
ACTIVE
MLS#
GD20121322
Year Built
1946
Living Sq. Ft
2,030
Days on Market
23
Property Type
Commercial
Property Sub Type
Retail

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.

Additional Information

Water
Public

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Calculator source: Real Geeks

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

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.