Exclusive Listings

Mixed-Use South Gate Restaurant

Address:
9804 Atlantic Ave
South Gate, CA 90280
Price:
$1,120,000
Status:
Available
Type:
Mixed-Use
# Units:
3
Year Built:
1958
Building Size:
5,096
Lot Size:
8,293
CAP Rate:
N/A
GRM:
N/Ax
Price/Unit:
Price/SqFt:
$220

The Growth Investment Group is proud to offer 9804 Atlantic
Avenue, a 3-unit mixed use property comprised of a 2Bed +
1Bath House with garage and 2 retail commercial storefront units
located in the highly desirable city of South Gate, California.
This non-rent-controlled value-add opportunity is perfect for an
investor looking to acquire an investment property and maximize
its income potential. The property has been under the same
ownership since 2010 and since then, is the first time being offered
for sale. Included with the sale of the property is an existing
Restaurant / Fish Market business containing all the equipment
necessary to scale and strategically grow the business.
With only blocks away from Azalea Regional Shopping Center, it
is within excellent proximity to many inevitabilities. Nestled in an
ideal central area, located right by the bustling South Gate Park;
it is nearby to many family friendly activities. The entire property is
well- maintained with excellent curb appeal. New windows in the
House along with a newer security parking gate show well.

Retail Units
Both retail units are very large with an excellent open layout.
Matching interior paint is fresh and vibrant, perfect for welcoming
new customers. The Success of the Fish Market / Restaurant
enterprise is very positive, and is an ideal situation for a
sophisticated investor to maximize on the investment opportunity.
Some of the equipment may be included but not limited to: New
Display Glass Freezers for frozen merchandise, New Stove, New
oven, New Cash Register, New Fridges, New Freezers, New Sinks,
New cabinetry, merchandise inventory and much more.

2 Bedroom House
The house is detached with an excellent size garage and laundry
room for added comfort. There is also an additional storage room
attached that can be converted to create additional income.
There is a separate driveway in the back for the house. It is also
surrounded by rod iron fencing for more security. New windows
throughout add for even more visual appeal to the entire
property.



The property is located in the prestigious city of South Gate with
all its appropriate amenities, suitable dining and fashionable
shopping. The city of South Gate is the 17th largest city in Los
Angeles County, California, with 7.4 square miles (19 km2). South
Gate is located 7 miles (11 km) southeast of Downtown Los
Angeles. It is part of the Gateway Cities region of southeastern Los
Angeles County.


NOTE: This Business will be sold for an additional $200,000 bringing the total purchase price to $1,320,000

Marketing Files


Due Diligence


Broker Contact

Matthew Guerra
Direct: 626.898.9740
mguerra@growthinvestmentgroup.com


Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
Fax: 626.316.7552
Email: properties@GrowthInvestmentGroup.com
Copyright © 2018 GIG Real Estate, Inc. dba. Growth Investment Group - Corp. ID 02021933
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