Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Renovated Flex Space Available Title is generated by Realmo AI

    12020 Garfield Ave, South Gate, CA 90280

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Newly renovated flex space with parking, offices, and warehouse.

    Type:Office
    Property size:
    2,500 SF
    Added:
    Apr 28, 2025
    Days on Market:
    381
    Last Refresh:
    Mar 17 at 1:23 pm

    Property Features for 12020 Garfield Ave

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Office

    Building Details

    Year Built
    1946

    Spaces For Lease

    at 12020 Garfield Ave Contact us

    Office/Flex Space $1.90 /Mo

    Size
    9,750 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Sarah Phillips

    Listing agent Sarah Phillips License #02248393

    Listing office CBRE - South Bay

    Listing date Apr 28, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - South Bay

    HighLights

    • Newly renovated flex space
    • Abundant surface parking
    • Building top signage available
    • Features 5 private offices and a conference room
    • 2,500 SF of warehouse space available
    • Year Built: 1946

    Overview

    This newly renovated flex space offers a versatile environment suitable for a range of commercial activities. The property features abundant surface parking and the potential for building top signage, enhancing visibility. The layout includes 5 private offices and a conference room, providing dedicated spaces for administrative and collaborative work. Additionally, up to 2,500 square feet of warehouse space can be made available, offering storage or operational capacity. This property is located in South Gate, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alliance Laundry Systems ... Coin Operated Laundry Equipment Supplier CartsPros Factory Appliance Parts Direct Big Box & Wholesale Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Morrison Management Specialists — 7285 Quill Dr, Downey, CA 90242

    Location Insight

    • Map
    • Local Demand
    City
    South Gate
    County
    Los Angeles
    State
    California
    Longitude
    -118.1685944
    Latitude
    33.9174814

    Nearby Similar for Lease

    • Contact for pricing

      South Gate Commercial Space Available

      Prime commercial space in South Gate with high foot traffic.
      10423 California, South Gate, CA 90280
      View Details
    • Contact for pricing

      South Gate Shop/Office Space

      Centrally located 450 sq ft shop or office space for rent.
      8414 State, South Gate, CA 90280
      View Details
    • $10,960/Mo

      South Gate Warehouse Space Available

      9,984 SF warehouse space for lease in South Gate.
      13180 Paramount Boulevard, South Gate, CA 90280
      View Details
    • $1.00 SF/Yr

      Free Standing Industrial Building

      Industrial building with clear span warehouse and large fenced yard.
      8660 Atlantic Avenue, South Gate, CA, 90280
      View Details
    • $2 SF/Yr

      Retail Space Available For Rent

      Retail property with 11,029 square feet available for lease.
      12222 Garfield Avenue, South Gate, CA 90280
      View Details
    • $5,900/Mo

      Retail Space on Atlantic Avenue

      Retail space available for rent on Atlantic Avenue.
      10309 Atlantic Avenue, South Gate, CA 90280
      View Details
    • $2 SF/Yr

      South Gate Retail Space Available

      Retail, medical, or office space for rent in South Gate.
      12222-12222 Garfield Ave, South Gate, CA
      View Details
    • Contact for pricing

      High-Traffic Retail and Medical Space

      Retail and medical space available in high-traffic South Gate location.
      8610 Garfield Ave, South Gate, CA 90280
      View Details
    • $0.90 SF/Yr

      Manufacturing Facility with Drive-Through Access

      Manufacturing facility available for rent in South Gate, California.
      11810 Center St Unit 1, South Gate, CA 90280
      View Details
    • $2.00 SF/Yr

      Industrial Warehouse Space Available

      3000 sqft warehouse space for rent in South Gate.
      8965 Lotta, South Gate, CA 90280
      View Details
    • $0.90 SF/Yr

      Manufacturing Facility with Drive-Through Access

      Manufacturing facility available for rent in South Gate, California.
      11810 Center St Unit 2, South Gate, CA 90280
      View Details
    • Contact for pricing

      Restaurant Space Near Shopping Center

      Former restaurant space near shopping, high traffic, and future rail.
      South Gate, CA 90280
      View Details

    FAQs

    What type of property is this?
    Flex space - Newly renovated flex space with parking, offices, and warehouse.
    Where is this flex space located?
    The property is located at 12020 Garfield Ave South Gate, CA.
    What are key features of this property?
    This property features: Newly renovated flex space; Abundant surface parking; Building top signage available
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sarah Phillips
    Real Estate License ID: 02248393
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12020 Garfield Ave, South Gate, CA 90280
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!