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    4901 Mason Street

    South Gate, CA 90280
    • $1,275,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: DW21127375
    UPDATED: 42 min ago
    $1,275,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    Excellent Two tenant 5,760 square foot industrial property in the city of South Gate. One tenant is an auto repair shop and the other tenant is a granite countertop company. Rare Auto Repair Shop on Month to Month Lease Allows for Owner-User to run their own business from one or both of the warehouses. Buyer can use attractive SBA financing with only 10% down payment to purchase as Owner-User. Also a Great Investment Opportunity, Tenants always pay on time, huge rental upside and opportunity to convert leases to NNN (triple net) leases and increase Cap Rate close to 6.8%. Excellent Location within South Gate's auto repair hub along Firestone Blvd and right off the Firestone Blvd and Atlantic Ave intersection. Across the street from the Azalea Shopping Center allows for easy access to numerous restaurants and stores. Easy access to public transportation and short drive to the 710 freeway.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T17:37:20.127. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
    www.desertareahomesforsale.com/homes/118178752
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    4901 Mason Street South Gate, CA 90280

    • Price: $1,275,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: DW21127375
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1961
    Built
    Neighborhood:
    T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
    County:
    Los Angeles
    Area:
    T2 - Cudahy, SouthGate W of 710, HuntPk S of Flore
    Property Description
    Excellent Two tenant 5,760 square foot industrial property in the city of South Gate. One tenant is an auto repair shop and the other tenant is a granite countertop company. Rare Auto Repair Shop on Month to Month Lease Allows for Owner-User to run their own business from one or both of the warehouses. Buyer can use attractive SBA financing with only 10% down payment to purchase as Owner-User. Also a Great Investment Opportunity, Tenants always pay on time, huge rental upside and opportunity to convert leases to NNN (triple net) leases and increase Cap Rate close to 6.8%. Excellent Location within South Gate's auto repair hub along Firestone Blvd and right off the Firestone Blvd and Atlantic Ave intersection. Across the street from the Azalea Shopping Center allows for easy access to numerous restaurants and stores. Easy access to public transportation and short drive to the 710 freeway.
    Exterior Features

    Lot Features 0-1 Unit/Acre Sign On Property YN No

    Property Features

    Additional Parcels YN No Common Interest None Exclusions Businesses Are Not included in The Sale Of The Real Estate. Gross Scheduled Income 72192 Insurance Expense 1700 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Number Of Units Leased 2 Property Sub Type Warehouse Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of James Torres of Keller Williams Sela and Jasmine Gutierrez of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T17:37:20.127. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
     
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