South Gate, CA 90280,5840 Main Street
South Gate, CA 90280,5840 Main Street
South Gate, CA 90280,5840 Main Street
$587,900
Est. payment /mo
$675,000
12.9%
Est.Price: ?

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8,276 Sqft Lot
SOLD DATE : 06/04/2021

Key Details

Sold Price $587,900

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21048214

Sold Date 06/04/21

HOA Y/N No

Year Built 1948

Lot Size 8,276 Sqft

Property Description

5840 Main Street, a religious building comprised of one parcel with a total of 8,349 square feet in addition to approximately 2,000 square feet of existing building.
This prime location is within a few minutes of neighboring communities and cities. This building is conveniently located in an area known as the Hollydale neighborhood in South Gate.

This property is also located in the area for a future project known as the Hollydale Specific Plan. The Specific Plan is designed to promote mixed-use development. In addition, there will be a future metro line that is planned (the West Santa Ana Branch) in the development to be built by 2027. There are both opportunities and impacts to the Hollydale Community that are addressed in this Specific Plan. With the possibility of two transit locations in the area, there is an opportunity for capitalizing on additional visitors, workers and riders in the area, strengthening the retail environment on Garfield Avenue, as well as creating more housing choices for residents near transit. Impacts to the community include potential spillover station parking in the neighborhoods. The Strategic Growth Council has awarded a grant to the City of South Gate for the preparation of a specific plan to address these issues.

Location

State CA

County Los Angeles

Area T4 - South Gate E Of 710

Zoning CDR3

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Water Not Available

Building

Lot Description 0-1 Unit/Acre

Story 1

Water None

Others

Tax ID 6243026001

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Dolores Gomez • Coldwell Banker Commercial
Bought with Alicia Baham • Vintage Rose Real Estate

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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