Huntington Park, CA 90255,3249 E Gage AVE
$850,000
$898,000
5.3%
Est.Price: ?

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5,388 Sqft Lot

3249 E Gage AVE Huntington Park, CA 90255

Est. payment /mo
SOLD DATE : 02/28/2022

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Key Details

Sold Price $850,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW21169360

Sold Date 02/28/22

HOA Y/N No

Year Built 1924

Annual Tax Amount $12,475

Tax Year 2022

Lot Size 5,388 Sqft

Property Sub-Type Retail

Property Description

Desirble free standing retail building with a great exposure to the Main Street. This property is surrounded by highly populated commercial properties, residential properties and local businesses. The property is in a very busy traffic account area of above 22,000 with in the 1/2 mile. Great opportunity for investors or owner users. Two spaces with their own address. They are 3247 and 3249 E Gage Ave. Huntington Park. Los Angeles County. California. The building sqft is 3,136. The lot size is 5,387 including rear and side parking spaces. Zoning is HPCG. Currently, one space (60% of the total sqft) is leased to an established restaurant: (Conchitas Pupuseria). The lease is month to month. If at 100% occupancy of current rent. The property would produce 5.4% cap. Consider the rent is below the market, the property should have the potential to create higher cap at market rent. More info up on request.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry None

Exterior

Total Parking Spaces 9

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 6319015012

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jing-Ke Chien RE/MAX Dynasty
Bought with Sion Maher AAAA Realty

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Steven Nicewarner

Steven Nicewarner

Broker | License ID: CA #2131027

+1(425) 390-4401

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