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8970 State St
South Gate, CA 90280
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Huge Income Opportunity
  • 7 Parking Spaces
  • Great Rental Saturated Location

PROPERTY FACTS

Property Type
Office
Building Size
1,782 SF
Building Class
C
Year Built
1983
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,025 SF
Building FAR
0.31
Lot Size
0.13 AC
Zoning
CR
Parking
8 Spaces (3.95 Spaces per 1,000 SF Leased)

ABOUT 8970 STATE ST , SOUTH GATE, CA 90280

Amazing rental opportunity for you to take advantage of. Great high rental location with many potential tenants ready to move in. Per the city, this property is not for use by commercial office. It needs to be 2 residential units and they cannot be split. About 7 parking spots, which is a huge plus for tenants as street parking is difficult to come by. No garages. Being sold as-is. Front unit has 2 front doors, 1 side door and 1 back door. You can modify it as you would like, it has 2 half bathrooms. It has 2 bedrooms, a room for kitchen and dining room together, and it has a living room. The back unit has 2 doors front doors and no back nor side door. It has 1 bathroom, you can make it into 2 bedrooms with a kitchen/dining room and a living room. Both units need work on them, great project for the right person to come in. This is a hot property ready for you to buy and rent out for some nice cashflow. Or you can live in the back or front and rent the rest. Please do your due diligence on this property. Easy to show, no lock box per seller. Schedule appointment with listing agent. Seller and Seller’s agent/broker make no representations or warranties as to the commercial or residential nature of the Property. The Property may or may not have been re-zoned by the City of South Gate from commercial to residential property. A City of South Gate Senior Planner has provided to Seller that no city pre-sale inspection is necessary due to the commercial nature of the property. Buyer to do his/her own due diligence on the residential or commercial usage of the property. In the event that a city pre-sale inspection is required, Buyer shall assume in writing any necessary pre-sale corrections in compliance with City of South Gate requirements.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6210-026-033
Land Assessment
$321,933
Improvements Assessment
$238,227
Total Assessment
$560,160
  • Listing ID: 11332595

  • Date on Market: 1/22/2018

  • Last Updated:

  • Address: 8970 State St, South Gate, CA 90280

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