South Gate, CA 90280,10615 Ruchti RD
South Gate, CA 90280,10615 Ruchti RD
South Gate, CA 90280,10615 Ruchti RD
South Gate, CA 90280,10615 Ruchti RD
South Gate, CA 90280,10615 Ruchti RD
South Gate, CA 90280,10615 Ruchti RD
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$14,560,000

$15,000,000

2.9%
Est.Price: ?

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Est. payment /mo

44,500 SqFt


SOLD DATE : 04/19/2022

Key Details

Sold Price $14,560,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 44,500 sqft

Price per Sqft $327

MLS Listing ID SR21163819

Sold Date 04/19/22

HOA Y/N No

Year Built 1931

Lot Size 2.384 Acres

Acres 2.384

Property Description

Don't Miss Out On This Great Investment Opportunity!!!

Food Processing & Cold Storage warehouse Facility
| 44,500 SF | additional 700 sqft was added | lot size is 116,740 sqft = about 2.5 acres | 3000 SF of Offices | Ample Parking | 13 Dock High Doors | 2,000 Amps...

The property offers stable cash flow with fixed annual 3% rent increases over the lease term. The lease is backed by BPCP SALSA HOLDINGS LLC, part of Blue Point Capital Partners and its Blue Point III portfolio company, Italian Rose Gourmet Products, announced the acquisition of La Mexicana Food Products, a fresh, refrigerated salsa manufacturer based in Los Angeles, California. This transaction represents the first add-on acquisition for Italian Rose since Blue Point acquired the platform investment in November of 2017. Italian Rose, headquartered in West Palm Beach, Florida, is a leading manufacturer and distributor of premium salsas, dips, sauces and spreads to major retail and foodservice channels. The addition of La Mexicana’s West Coast operations to Italian Rose’s East Coast presence will put the combined Company in a select universe of truly national salsa producers, as well as provide increased scale, production diversity and product breadth to both companies’ customers.

Location

State CA

County Los Angeles

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

Zoning M3

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Building

Lot Description LotOver40000Sqft

Story 1

Water Public

Others

Tax ID 6233002003

Security Features Item24HourSecurity

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Stephen White • Compass
Bought with Zijiang Huang • A&k Contruction and Realty Inc

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