5810-5820 imperial highway
south gate, ca 90280
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just sold!

SALE PRICE: $2,714,888

Joseph Dahan, Elijah Suval, and Daniel Hirth of the Hirth Group are pleased to announce the successful closing of 5810 Imperial Highway, South Gate CA – a multi-tenant retail shopping center with six storefronts. The seller’s motivation to sell this asset was to capitalize on the current real estate cycle and to then do a tax deferred 1031 exchange into a less management intensive asset with a higher yield. Within just two weeks of marketing, we were able to procure multiple offers on the subject property. Ultimately, a 1031 exchange buyer emerged and the Hirth Group successfully negotiated a sales price above ask with great terms for the sellers.

THE TEAM

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Daniel Hirth

Managing Director

310.300.2838 Direct

818.201.5268 Mobile

Daniel@HirthGroup.com

License CA: 01515796

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Elijah Suval

Senior Investment Associate

310-300-3180 Direct

310-297-2828 Mobile

Elijah@HirthGroup.com

License CA: 02024364

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Joseph Dahan

Investment Associate

310-300-3122 Direct

424.362.6944 Mobile

Joseph@HirthGroup.com

License CA: 02121212

The sale

Seller Represented by The Hirth Group
Multiple Offers Within 2-Weeks of Marketing
Closed Above List Price
Over $300 Per SF of Building
Cap Rate: Current 4.5% / Pro Forma 6.0%
Fully Occupied Retail Shopping Center
Prime South Gate Retail Corridor