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8615 Long Beach Blvd
South Gate, CA 90280
PRICED TO SELL | LOW COST PER SF · Retail Property For Sale

Investment Highlights

  • Excellent Opportunity to Own & Occupy the Building with Expenses of Only $0.59/SF
  • Close Proximity to Major Retail Strip | Long Beach Boulevard Turns into Pacific Boulevard
  • Great Frontage
  • On One of South Gate's Main Thoroughfare, Long Beach Boulevard
  • Exposure to Over 22,000 VPD Along Long Beach Boulevard
  • Two Major Education Development Projects in the Vicinity

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
16,648 SF
Building Class
C
Year Built
1947
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.81
Lot Size
0.47 AC
Zoning
SGCM-R3
Parking
6 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
100’ on Long Beach Blvd

Amenities

  • Mezzanine
  • Signage
  • Storage Space

About 8615 LONG BEACH BLVD , SOUTH GATE, CA 90280

Daniel Hirth and Elijah Suval of the Hirth Group have been exclusively selected to market for sale 8615 Long Beach Boulevard, South Gate, CA 90280. The single tenant retail building is comprised of ±16,648 square feet building with approximately ±6,000 square feet of mezzanine space totaling ±22,648 square feet of usable space. The subject property is ideal for an owner - user who can utilize the space as a retail storefront with additional space for storage and office space. For less than $120/SF (for the ground floor only) and SBA financing up to 90% percent LTV, historically low interest rates, the property presents and excellent opportunity for any type of owner user. 8615 Long Beach Boulevard is situated on a main thoroughfare that connects South Gate with neighboring cities. The densely populated submarket with over 1,000,000 residents within a five-mile radius boasts high traffic counts, approximately 22,000 cars daily. Due to the increasing population, the City of South Gate plans to improve the existing infrastructure and landscape. The project will include upgraded pedestrian lighting, enhanced crosswalks, flashing beacons, sidewalk repairs, curb ramps, and bicycle facilities. In addition, new green infrastructure elements will be installed such as non-invasive and drought tolerant trees and vegetation in raised center medians. The subject property is ideal for an owner - user who can utilize the space as a retail storefront with additional space for storage and office space. For less than $120/SF (for the ground floor only) and SBA financing up to 90% percent LTV, historically low interest rates, the property presents and excellent opportunity for any type of owner user. 8615 Long Beach Boulevard is situated on a main thoroughfare that connects South Gate with neighboring cities. The densely populated submarket with over 1,000,000 residents within a five-mile radius boasts high traffic counts, approximately 22,000 cars daily. Due to the increasing population, the City of South Gate plans to improve the existing infrastructure and landscape. The project will include upgraded pedestrian lighting, enhanced crosswalks, flashing beacons, sidewalk repairs, curb ramps, and bicycle facilities. In addition, new green infrastructure elements will be installed such as non-invasive and drought tolerant trees and vegetation in raised center medians.

Property Taxes

Property Taxes

Parcel Number
6204-018-002
Land Assessment
$1,326,000
Improvements Assessment
$612,000
Total Assessment
$1,938,000
  • Listing ID: 18713529

  • Date on Market: 3/2/2020

  • Last Updated:

  • Address: 8615 Long Beach Blvd, South Gate, CA 90280

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