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Key Details
Sold Price $110,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW20222473
Sold Date 05/28/21
HOA Y/N No
Year Built 1948
Lot Size 0.270 Acres
Property Description
Prime South Gate property includes 4654 Firestone blvd as well with an additional 672sf building on3,493 of land which includes on-site parking. total lot area of 11,802 sf and total buildings of 3,744. Incredible visibility and frontage along Firestone Blvd, and directly across the street from Azalea Regional Shopping Center. Azalea RSC is anchored by some of the best retail tenants: Walmart, Ross, Petco, Wells Fargo, Marshalls, Forever 21, Game Stop, Blaze Pizza, Five Below, Denim Exchange, and so many more. There is an adjacent building included in the sale with on-site parking spaces. This is a terrific opportunity to reposition the property with a new tenant and at $1.47/ sf NNN the Proforma Cap Rate is 5.5%. The combined building of 3,744 and it sits on a double lot approximately 11,802 sf zoned SGCMYY. Build new construction on this hard corner or renovate existing and re-tenant. Perfect and ideal for an owner/user. Could be great for Jiu-Jitsu Martial Arts Studio, Children classes, and so much more. Additional APN 6216-014-012
Location
State CA
County Los Angeles
Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Tax ID 6216014012
Financing Trade
Special Listing Condition Standard
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Bought with Antonio Lanz • Century 21 Allstars