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8932 State Street, South Gate, CA 90280

Commercial property

For sale now

8932 State Street is on the market at $850,000 (2,030 sqft). See the current listing →

8932 State Street, South Gate, CA 90280 Sold April 2022 CRMLS
$625,000Sold April 2022

Listing Agent: Krikor Garabedian (DRE #01216376) · Listing Office: Keller Williams R.E. Services · Contact: 818-432-3200 · Bought with: Dae Young Hur · Keller Williams Larchmont · MLS #GD21081561 · Source: CRMLS

2,020
Building Sq Ft
5,589 sqft
Lot Size
1946
Year Built
NM - Neighborhood Medium
Zoning
Commercial property
Type

How this sale compares

8932 State Street sold for $625,000 in April 2022, 3.5% under its $648,000 list price, after 109 days on the market.

109
Days on market
−3.5%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

About this commercial property

We are pleased to present a 3-unit retail & workshop property, located in the City of South Gate on State Street near the large signalized intersection of State Street and Firestone Boulevard. This property presents a rare opportunity to purchase an affordable multi-tenant property that will allow an owner-user to occupy one of the suites and rent out the rest of the units to generate income. The property is approximately 2,030 square feet in size and is situated on nearly 5,600 square foot of land. Each unit is between 600 to 700 square feet, with two retail storefronts units in the front and a workshop unit in the back. There is a driveway which leads from State Street to the parking lot in the rear. At the present time, the property has one retail unit and the rear workshop unit occupied. All of the tenants are on a month to month lease and are enjoying below market rents. We ask that you do not disturb the tenants and contact the Listing Agent for additional details.

Listing description from the April 2022 sale, as reported to CRMLS.

Sale history

$625,000
Sold April 2022 · listed $648,000, on market April 2021, 109 days on market · MLS #GD21081561 · Source: CRMLS
Listing Agent: Krikor Garabedian · Listing Office: Keller Williams R.E. Services · Contact: 818-432-3200 · Bought with: Dae Young Hur · Keller Williams Larchmont

Questions about 8932 State Street

When did 8932 State Street last sell?

8932 State Street last sold in April 2022 for $625,000, according to CRMLS-reported closed sales.

What did 8932 State Street sell for?

$625,000, 3.5% below the $648,000 list price, after 109 days on the market.

Is 8932 State Street for sale now?

Yes — 8932 State Street is currently on the market at $850,000. Open the current listing on Nalren for photos, details and the listing agent.

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