2768 & 2780 E. Gage avenue
huntington park, ca 90255
just sold!
SALE PRICE: $850,000
Joseph Dahan, Elijah Suval, and Daniel Hirth of the Hirth Group are pleased to announce the successful closing of 2768 & 2780 E. Gage Avenue, Huntington Park, CA – two non-contiguous retail parcels totaling ±4,357 SF of building on an estimated 9,175 SF lot. The first parcel was a ±4,077 SF retail building and the second parcel was a ±4,641 SF parking lot with a small retail structure on the corner of the property. Within three weeks after marketing the property, the Hirth Group found the perfect buyer. During the escrow process, many hurdles were presented such as limited financing options, tenants with no leases, building conditions, and liens against the property. Elijah and Joseph successfully negotiated through these issues and were ultimately able to get this deal to the finish line by obtaining a seller carry option for the buyer. The seller’s motivation to sell this asset was to cash out of this property and use the proceeds towards their retirement plan. All parties involved with this transaction worked hand in hand to ensure this deal was able to close.
THE TEAM
Daniel Hirth
Managing Director
Elijah Suval
Senior Investment Associate
Joseph Dahan
Investment Associate