SOLD 12/27/2023
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Commercial sold for $925,000 in 66 days
5803 Imperial Hwy South Gate, CA, 90280
Off the market Retail
Proudly presenting this flexible commercial property at 5803 Imperial Highway in South Gate, CA. This 2,045 SF retail space is situated on a substantial 6,118 SF lot, currently configured as a restaurant, yet adaptable for various business types, with flexible commercial CDR2 zoning, it accommodates a wide range of potential uses, presenting a versatile investment opportunity. Positioned on Imperial Highway, this well-maintained property offers visibility and convenient access to major freeways and public transportation and is surrounded by residential neighborhoods. If you're searching for a commercial property with a strategic location that aligns seamlessly with your long-term business goals, this opportunity suits all your needs.
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Property details
2,045 sqft interior area
Land area
6,118 sqft (0.14 acres)
Address
5803 Imperial Hwy, South Gate, CA, 90280
City of California
South Gate
County
Los Angeles
Previous price
$1,100,000
Year Built
1954
District
Listing
Nearby major retailers
Costco
Walmart Supercenter
ALDI
Albertsons
Walmart Neighborhood Market
T-Mobile
Aldi
Wholesale: 2
Supermarket: 10
Mobile phone: 3
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Listed by
Lauren Coombs, First Team Real Estate
Name
Lauren Coombs
License number
01460830
Brokerage company
First Team Real Estate
MLS #
CRPW23197579
Buyer agent
Name
Judy Sarinana
Brokerage company
Century 21 A Better Service
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Calculate your monthly payments
Mortgage
$2,840
Taxes
$0
HOA dues
$0
Mortgage
$185,000 / 20%
2.28%
30 years
Your amount
$2,840 / month
Lot details
TMK #6233021001
Parcel nr.
6233021001
90280 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
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no data
People living in 90280
51%
Families with children
National average: 39%
18%
Non family households
570,093
Population
$71,473
Average Income
Age & gender
Median age 32 years
More info
Commute types
88% commute by car
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Education level
35% have not graduated education
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Number of employees
2% work in manufacturing
More info
Vehicles available
34% have 2 vehicle
More info
Vehicles by gender
34% have 2 vehicle
More info
Housing market insights for
$735.9k
Neighborhood average
sales price*
sales price*
$710.87k
Neighborhood median
sales price*
sales price*
306
Number
of sales*
of sales*
Housing type
54% are single detacheds
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Rooms
50% of the houses have 4 or 5 rooms
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Bedrooms
68% have 2 or 3 bedrooms
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Owners vs Renters
57% are renters
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15.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Dec 27, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 27, 2023 | Sold | $925,000 | 0 | Public Record |
| Dec 1, 2023 | Under contract | $925,000 | 0 | MLS #CRPW23197579 |
| Dec 1, 2023 | Price Decrease | $925,000 -15.91% | 0 | MLS #CRPW23197579 |
| Oct 23, 2023 | New Listing | $1,100,000 | 0 | MLS #CRPW23197579 |
Taxes of 5803 Imperial Hwy, South Gate, CA, 90280
CDR2 zoning / MLS #CRPW23197579
Zoning
CDR2
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Frequently Asked Questions about 5803 Imperial Hwy
What is 5803 Imperial Hwy?
5803 Imperial Hwy is a Commercial/Industrial propertywith 2,045 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
5803 Imperial Hwy, South Gate, CA, 90280.
What comparable properties are nearby?
Comparable nearby commercial properties include 2900 Tweedy Blvd, 5013 Abbott Rd, 11050 Atlantic Ave, 11371 Atlantic Ave, 11688 Atlantic Ave, 11696 Atlantic Ave.
Based on information from the bridgeMLS as of 05-15-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Dec 28, 2023
Verhouse Last checked 5 minutes ago
The closest grocery stores are Walmart Neighborhood Market, 1.1 miles away and Aldi, 1.26 miles away.
The 90280 zip area has a population of 570,093, and 51% of the families have children. The median age is 32.29 years and 88% commute by car. The most popular housing type is "single detached" and 57% is renter.
