10000 Atlantic AveSouth Gate, CA 90280

Property Details for 10000 Atlantic Ave

Year built

1997

Lot size

0.47 AC

Property size (Sq ft)

800 SF

Zone code

SGM2*

Property type

Office properties

Property subtype

Office buildings

APN

6221-011-036

APU

6221011036

Description

This exceptional 20,637 square foot commercial and industrial land parcel is situated on a signalized corner lot at the three-way intersection of Atlantic Avenue, Chakemco Street, and Wright Road in South Gate, California. The property boasts approximately 135 feet of frontage on Atlantic Avenue and 138 feet on Chakemco Street, offering unparalleled visibility and accessibility. Currently improved with approximately 800 square feet of existing structures, the site is zoned SG-M2 and presents significant opportunities for a variety of commercial ventures. Its strategic location benefits from high traffic counts exceeding 30,000 vehicles daily at the nearby intersection of Tweedy Boulevard and Atlantic Avenue. The property enjoys convenient access to the 710 Freeway, placing it within easy reach of the Ports of Los Angeles and Long Beach, downtown Los Angeles, and Los Angeles International Airport. Furthermore, its proximity to the DAX7 Amazon Sortation Center and a proposed five-story mixed-use development enhances its long-term potential. The property's location near Legacy High School, Tweedy Elementary School, and South Gate Park provides a vibrant community backdrop. This prime location offers an unparalleled opportunity for owner-users, developers, or investors seeking a high-visibility site in a thriving commercial corridor. The APN is 6221-011-036.

• CAP approach

  CAP return

  Valuation

  6%

  $229,829

  6.5%

  $212,150

  7%

  $196,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $152,128

  Geo Method

  $152,128

• Alternative Use

  Use

  Valuation

  Residential

  $263,066

  Hospitality

  $240,967

  Educational

  $200,482

  Medical

  $207,377

  Retail

  $311,861

Location Insight

City

South Gate

County

Los Angeles

State

California

Latitude

33.9405

Longitude

-118.181

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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