4433 Firestone BlvdSouth Gate, CA 90280

Property Details for 4433 Firestone Blvd

Year built

1942

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

6,297 SF

Zone code

SGM2YY

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

6216-006-010

APU

6216006010

Description

This exceptional mixed-use investment opportunity presents a 6,297 square foot property located at 4433 Firestone Blvd, South Gate, CA 90280. The property, built in 1942, is a single-story building currently operating at 100% occupancy with four tenants. The current Net Operating Income (NOI) is $84,665, yielding a 5.84% capitalization rate. A pro-forma NOI of $117,653 projects an 8.11% capitalization rate, indicating significant value-add potential. The property is zoned SGM2YY and offers a diverse tenant mix including retail, auto body repair (including a spray booth, frame machine, and air compressor available for an additional $25,000), smog check, and axle repair services. The asking price is $1,450,000, translating to $230.27 per square foot. This is a 100% ownership opportunity, suitable for a 1031 exchange. The property features a strong location in desirable South Gate, Los Angeles County. The Los Angeles County Assessor's Parcel Number (APN) is 6216-006-010. This is a value-add investment with significant upside potential for the savvy investor.

• Alternative Use

  Use

  Valuation

  Residential

  $2,070,658

  Hospitality

  $1,896,712

  Educational

  $1,578,042

  Medical

  $1,632,313

  Retail

  $2,454,732

Location Insight

City

South Gate

County

Los Angeles

State

California

Latitude

33.9531

Longitude

-118.192

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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