For Sale
$1,100,000

11919 Garfield AveSouth Gate, CA 90280

Prime Restaurant, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: Birrieria Guadalajara, a thriving restaurant located at 11919 Garfield Ave, South Gate, CA 90280. This 1,344 square foot retail property sits on a 0.25-acre lot and is priced at $1,100,000 ($818.45/sq ft). Built in 1962, the building benefits from recent improvements including a renovated parking lot, upgraded lighting, and a reliable roof. Currently operating at 100% occupancy with a single tenant under a modified lease with 20 years remaining, this presents a stable income stream. The property is zoned SGC3*, allowing for versatile commercial use. Located in a high-traffic area of South Gate, within Los Angeles County, this property offers strong demographics and significant potential for future growth. The current tenant is willing to remain, ensuring continued revenue generation. This is a rare opportunity to acquire a well-maintained, income-producing restaurant in a desirable location. The property's strong financials and long-term lease make it an attractive investment for discerning buyers seeking a stable and profitable asset. This turnkey operation is ready for immediate income generation.

Highlights

  • Thriving Birrieria Guadalajara restaurant in South Gate, CA.
  • 1,344 sq ft retail building on a 0.25-acre lot, priced at $1,100,000 ($818.45/sq ft).
  • 100% occupancy with a 20-year modified lease.
  • Recent improvements include parking lot renovation, upgraded lighting, and a new roof.
  • SGC3* zoning allows for versatile commercial use.
  • High-traffic location in South Gate, Los Angeles County, with strong demographics.

Property Details for 11919 Garfield Ave

Property type
Retail properties, Restaurants
Square Feet
1,344 SF
Year Built
1962
Lot Size (sq. ft)
10,890 SF

Location Insight

City
South Gate
County
Los Angeles
State
California
Latitude
33.918231
Longitude
-118.1692178
11919 Garfield Ave, South Gate, California

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11919 Garfield Ave
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