South Gate, CA 90280,4901 Mason ST
South Gate, CA 90280,4901 Mason ST
South Gate, CA 90280,4901 Mason ST
South Gate, CA 90280,4901 Mason ST
South Gate, CA 90280,4901 Mason ST
South Gate, CA 90280,4901 Mason ST
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$1,075,000

$1,275,000

15.7%
Est.Price: ?

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Est. payment /mo

5,760 SqFt


SOLD DATE : 12/10/2021

Key Details

Sold Price $1,075,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $186

MLS Listing ID DW21127375

Sold Date 12/10/21

HOA Y/N No

Year Built 1961

Lot Size 0.304 Acres

Acres 0.3038

Property Description

Do not walk on property and do not disturb tenants. Contact listing agents for more information. 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.

Location

State CA

County Los Angeles

Area T2 - Cudahy, Southgate W Of 710, Huntpk S Of Flore

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre

Water Public

Others

Tax ID 6216032042

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by James Torres • Keller Williams SELA
Bought with James Torres • Keller Williams SELA

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