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 city of South Gate. 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. The house is detached with an excellent size garage and laundry room. There is an additional storage room attached that can be converted to create additional income. Both retail units are very large with an excellent open layout and new security system cameras throughout. The units have been re-piped with copper plumbing and have many upgrades throughout. 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. The price of the existing business is an additional $200,000. 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. Buyers/Brokers to do their own due diligence and satisfy themselves of the correctness of the information.
|--||New Value: $1,120,000|
|11/27/2018 3:48:00 PM|