8415 State StSouth Gate, CA 90280

Property Details for 8415 State St

Year built

1940

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

3,200 SF

Zone code

SGC3*

Property type

Retail properties

Property subtype

Retail space

APN

6211-008-018

APU

6211008018

Description

This exceptional South Gate property, located at 8415 State St, 90280, offers 3,200 square feet of versatile office and retail space for lease. The single-story building, constructed in 1940, features eight individual suites, each ranging from 500 to 600 square feet. The property is zoned SGC3 and is ideally suited for multiple tenants seeking a convenient and accessible location. Situated on State Street near Liberty, this property boasts unparalleled access to major transportation arteries, including the 105, 110, and 710 freeways, ensuring seamless commutes for employees and clients. Its central location within the vibrant South Gate community provides businesses with high visibility and proximity to a diverse customer base. This is a rare opportunity to secure prime commercial space in a thriving area, offering a blend of historical charm and modern convenience. The property's traditional office subtype makes it suitable for a variety of businesses, from small startups to established enterprises. Don't miss this chance to establish your business in a highly desirable and easily accessible location. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,351,396

  6.5%

  $1,247,442

  7%

  $1,158,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,533,450

  Geo Method

  $1,533,450

• Alternative Use

  Use

  Valuation

  Residential

  $1,052,264

  Hospitality

  $963,868

  Educational

  $801,927

  Medical

  $829,507

  Retail

  $1,247,442

Location Insight

City

South Gate

County

Los Angeles

State

California

Latitude

33.9602

Longitude

-118.212

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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