Office Medical

3314 Firestone Blvd

3314 Firestone Blvd, South Gate, CA 90280

Listing Price: $850,000

Gross SF
1,824
Rentable SF
1,824
Price/Gross SF
$466.01
Year Built
1925
Lot Size
0.21 acres

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 3314 Firestone Blvd, a 1,824 square foot, Owner-User Medical building located just west of Long Beach Blvd and just east of Atlantic Blvd in the center of the gentrifying neighborhood of South Gate, CA. The surrounding demographic has a median household income of $49,117. As one of the densest neighborhoods in LA County, South Gate has a population of over 94,000 residences. Ideally located along Firestone Blvd, the property benefits from high daily traffic counts of over 20,000 vehicles. The subject property offers excellent frontage and visibility, benefiting from 65 feet of frontage along Firestone. 3314 Firestone Blvd offers the unique opportunity to acquire a well-located medical property with flexibility in usages. The 1,824 square foot site, was formerly utilized as an urgent care and is situated with enough parking (16 spaces) to allow any medical user to occupy. Located directly across the street from South Gate Highschool and one block from South Gate Elementary School #4, this property is an ideal location for any medical related facility. There are over 111,000 people within a 2-mile radius of the property and over 440,000 within a 5-mile radius. The subject property boasts a walk score of 70 making this a very walkable and bikeable location with direct access to transit. As development picks up in the neighborhood, the Metro Light Rail is in the planning process of its West Santa Ana Branch located one mile east on Firestone, which will transform the community into a Transit Oriented District with long term upside. 3314 Firestone Blvd is situated on ~8,961 square feet of land zoned SGCM-R3.

Investment Highlights

  • 1,824 square feet of ground floor medical space
  • 16 parking spaces allow for a multitude of medical uses – 8.8:1 Parking Ratio
  • Approximately $72,792,000 spent on Medical Services in 2019 in South Gate

Exclusively Listed By

Listing Price: $850,000

Gross SF
1,824
Rentable SF
1,824
Price/Gross SF
$466.01
Year Built
1925
Lot Size
0.21 acres

Investment Highlights

  • 1,824 square feet of ground floor medical space
  • 16 parking spaces allow for a multitude of medical uses – 8.8:1 Parking Ratio
  • Approximately $72,792,000 spent on Medical Services in 2019 in South Gate

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 3314 Firestone Blvd, a 1,824 square foot, Owner-User Medical building located just west of Long Beach Blvd and just east of Atlantic Blvd in the center of the gentrifying neighborhood of South Gate, CA. The surrounding demographic has a median household income of $49,117. As one of the densest neighborhoods in LA County, South Gate has a population of over 94,000 residences. Ideally located along Firestone Blvd, the property benefits from high daily traffic counts of over 20,000 vehicles. The subject property offers excellent frontage and visibility, benefiting from 65 feet of frontage along Firestone. 3314 Firestone Blvd offers the unique opportunity to acquire a well-located medical property with flexibility in usages. The 1,824 square foot site, was formerly utilized as an urgent care and is situated with enough parking (16 spaces) to allow any medical user to occupy. Located directly across the street from South Gate Highschool and one block from South Gate Elementary School #4, this property is an ideal location for any medical related facility. There are over 111,000 people within a 2-mile radius of the property and over 440,000 within a 5-mile radius. The subject property boasts a walk score of 70 making this a very walkable and bikeable location with direct access to transit. As development picks up in the neighborhood, the Metro Light Rail is in the planning process of its West Santa Ana Branch located one mile east on Firestone, which will transform the community into a Transit Oriented District with long term upside. 3314 Firestone Blvd is situated on ~8,961 square feet of land zoned SGCM-R3.

Exclusively Listed By

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