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9836 Atlantic Ave 9,475 SF 100% Leased Office Building South Gate, CA 90280 $2,299,000 ($242.64/SF)
Investment Highlights
- • On major boulevard in Mid-Cities - Atlantic Avenue
- • Just over 11 miles to the South to get to Long Beach
- • 16 miles to the West to get to LAX
- • Minutes from 105 and 710 Freeway Interchange
- • Just under 14 miles to the North to get to DTLA
- • Private gated parking lot with lighting
Executive Summary
• On major boulevard in Mid-Cities
• Minutes from 105 and 710 Freeway Interchange
• Just over 11 miles to the South to get to Long Beach
• Just under 14 miles to the North to get to DTLA
• 16 miles to the West to get to LAX
• Fronting major boulevard - Atlantic Avenue
• Private gated parking lot with lighting
• Occupy a portion of the building and lease out the balance for cash flow
• Small leaseback by Berkshire Hathaway or the building can be vacant upon COE or soon thereafter
• Building signage along with a pylon dedicated to this property
• Minutes from 105 and 710 Freeway Interchange
• Just over 11 miles to the South to get to Long Beach
• Just under 14 miles to the North to get to DTLA
• 16 miles to the West to get to LAX
• Fronting major boulevard - Atlantic Avenue
• Private gated parking lot with lighting
• Occupy a portion of the building and lease out the balance for cash flow
• Small leaseback by Berkshire Hathaway or the building can be vacant upon COE or soon thereafter
• Building signage along with a pylon dedicated to this property
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
9,475 SF
Building Class
B
Year Built/Renovated
1964/2005
Price
$2,299,000
Price Per SF
$242.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,738 SF
Slab To Slab
9’
Building FAR
0.53
Lot Size
0.41 AC
Zoning
M2 - Email for a listing of permitted and CUP uses along with the OM.
Parking
30 Spaces (3.17 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
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Property Taxes
| Parcel Number | 6222-028-028 | Improvements Assessment | $824,491 |
| Land Assessment | $786,371 | Total Assessment | $1,610,862 |
Property Taxes
Parcel Number
6222-028-028
Land Assessment
$786,371
Improvements Assessment
$824,491
Total Assessment
$1,610,862
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9836 Atlantic Ave
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