9923 Atlantic Ave is well-situated and highly visible on the hard-corner of Atlantic Ave & Tweedy Blvd, a five minute drive from Azalea, the large regional shopping center completed in 2015 that has set the stage for future area development. Tenants at Azalea include Walmart Supercenter, CVS, Forever 21, In-N-Out, Panda Express, Shoe Palace, Ulta Beauty, and Alta Med. The project is close to both public and private schools, public transit, and major freeways leading North, South, East and West.
The expansion of Legacy High School’s International Studies Learning Center (ISLC) is underway (less than 1,000 feet from the subject property), and will include classroom and administrative facilities, indoor & outdoor recreational facilities, and more surface parking. The expansion is taking place on 4.9 acres of undeveloped land at 5225 Tweedy Blvd, across from the existing Legacy High School.
Demand for residential units in South Gate is high, availability is low. A quick search of the immediate area results in a handful of available units and houses, which rent quickly. Few new residential projects have been completed in the 2000’s era, and of those projects that have, most are 55 + communities and are at or near full occupancy. Retail centers and pads occupy the other three Atlantic/Tweedy intersection corners, with street front Retail boasting strong rent. Lastly, the project maintains an important feature important to most Southern Californians: a 30 minute drive to the beach.
