Turnkey 5-Unit apartment building located within the core of Gardena situated on a 6,300+ square foot lot. This 4,133 square foot building has a great unit mix of (1) 3 bed 2 bath, (1) 2 bed 1 bath, (3) 1 bed 1 bath, 5 enclosed garages (rented) and onsite laundry. Stabilized income stream offering a current cap rate of 4.9% and a market cap rate of 5.5% before factoring value add opportunities and potential new income with ADU addition. Most major components of building have been modernized copper piping, upgraded electrical, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system that can be viewed via online app. Existing landscape requires almost zero monthly maintenance.
Welcome to this newly remodeled 11,400-square-foot industrial complex, carefully built and improved over the years. Located on the widest and calmest street in Gardenaperfect for a growing business. The front property houses a 5,900 sq ft front shop with four roll-up doors, 2 restrooms, and a 1,400 sq ft loft/studio. The 9,050 sq ft rear units are privately gated, with 3 restrooms, 2 showers, a full kitchen, and three roll-up doors. The entire complex is nestled on a 23,958 sq ft lot (.55 acres). This is the one property that combines space, calm, and growth. INVESTMENT HIGHLIGHTS. Eclectically revived 11,400-square-foot industrial complex Four New Wifi Enabled Automated Gates (2 Iron Rolling + 2 Rolling Lift Gates) for 24/7 Secure Access and Surveillance. Three-phase power and 1,200 amps, power are efficiently distributed throughout 6 sub panels. The property includes five restrooms, two showers, a washer and dryer, a fully equipped kitchen, and a breakroom. New roof, with a 30-year warranty. Additional 4,800 sq ft Canopy with 15 ft clear height. Bonus 1,400 sq ft loft with new flooring LED lighting throughout.
Welcome to this newly remodeled 11,400-square-foot industrial complex, carefully built and improved over the years. Located on the widest and calmest street in Gardenaperfect for a growing business. The front property houses a 5,900 sq ft front shop with four roll-up doors, 2 restrooms, and a 1,400 sq ft loft/studio. The 9,050 sq ft rear units are privately gated, with 3 restrooms, 2 showers, a full kitchen, and three roll-up doors. The entire complex is nestled on a 23,958 sq ft lot (.55 acres). This is the one property that combines space, calm, and growth. INVESTMENT HIGHLIGHTS.Eclectically revived 11,400-square-foot industrial complexFour New Wifi Enabled Automated Gates (2 Iron Rolling + 2 Rolling Lift Gates) for 24/7 Secure Access and Surveillance.Three-phase power and 1,200 amps, power are efficiently distributed throughout 6 sub panels.The property includes five restrooms, two showers, a washer and dryer, a fully equipped kitchen, and a breakroom.New roof, with a 30-year warranty.Additional 4,800 sq ft Canopy with 15 ft clear height. Bonus 1,400 sq ft loft with new flooringLED lighting throughout.
Commercial building is 1861 SF with 3 small office areas and one large main hall type area. Single family house is 794 SF with 2 bed/1 bath and faces Atkinson Ave. Adjacent parking lot is 4000 SF and included in the listing - APN 4069-004-023 & 4069-004-029. Parking lot is large enough for 14 regular spaces and 1 handicap space. Commercial building has an expired set of permits and plans. Seller was remodeling the building to turn it into office space. Commercial building will require renovations to be permitted for occupancy. Rough structural, framing, plumbing, electrical, roofing, doors/windows, and HVAC are done.
Commercial building is 1861 SF with 3 small office areas and one large main hall type area. Single family house is 794 SF with 2 bed/1 bath and faces Atkinson Ave. Adjacent parking lot is 4000 SF and included in the listing - APN 4069-004-023 & 4069-004-029. Parking lot is large enough for 14 regular spaces and 1 handicap space. Commercial building has an expired set of permits and plans. Seller was remodeling the building to turn it into office space. Commercial building will require renovations to be permitted for occupancy. Rough structural, framing, plumbing, electrical, roofing, doors/windows, and HVAC are done.
Commercial building is 1861 SF with 3 small office areas and one large main hall type area. Single family house is 794 SF with 2 bed/1 bath and faces Atkinson Ave. Adjacent parking lot is 4000 SF and included in the listing - APN 4069-004-023 & 4069-004-029. Parking lot is large enough for 14 regular spaces and 1 handicap space. Commercial building has an expired set of permits and plans. Seller was remodeling the building to turn it into office space. Commercial building will require renovations to be permitted for occupancy. Rough structural, framing, plumbing, electrical, roofing, doors/windows, and HVAC are done.
Located at the southwest corner of Crenshaw and 154th Street, straddling the Gardena and Los Angeles boundary, this expansive property comprises three parcels, each uniquely zoned for both residential (R-3) and commercial (C-2) purposes, spanning a total area of 20,817 square feet. - **Parcel 4070-001-024**: This parcel features two residences, located at 15343 S Eriel Ave and 15338 Eriel Ave in Gardena, CA 90249. Collectively, these homes are valued at approximately $1,740,537. - **Parcel 4070-001-023**: Currently utilized as a parking and storage space for La Villa Restaurant, this parcel's estimated value stands around $713,000. - **Parcel 4070-001-022**: A combination of the La Villa Restaurant, situated at 15333 Crenshaw Blvd, Gardena, CA 90249, and a residential property at 15326 S Eriel Ave, Gardena, CA 90249. The combined estimated value of these properties is about $1,753,000. The collective estimated value of these parcels is approximately $4,206,527. Offered for sale at $3,200,000, this presents an opportunity for the new owner to gain around $1,000,000 in value. This distinctive property offers the best of both worlds: residential tranquility on the west side within El Camino Village, boasting significant traffic with over 26,539 vehicles per day (VPD) on 154th Street
Located at the southwest corner of Crenshaw and 154th Street, straddling the Gardena and Los Angeles boundary, this expansive property comprises three parcels, each uniquely zoned for both residential (R-3) and commercial (C-2) purposes, spanning a total area of 20,817 square feet.- **Parcel 4070-001-024**: This parcel features two residences, located at 15343 S Eriel Ave and 15338 Eriel Ave in Gardena, CA 90249. Collectively, these homes are valued at approximately $1,740,537.- **Parcel 4070-001-023**: Currently utilized as a parking and storage space for La Villa Restaurant, this parcel's estimated value stands around $713,000.- **Parcel 4070-001-022**: A combination of the La Villa Restaurant, situated at 15333 Crenshaw Blvd, Gardena, CA 90249, and a residential property at 15326 S Eriel Ave, Gardena, CA 90249. The combined estimated value of these properties is about $1,753,000.The collective estimated value of these parcels is approximately $4,206,527. Offered for sale at $3,200,000, this presents an opportunity for the new owner to gain around $1,000,000 in value.This distinctive property offers the best of both worlds: residential tranquility on the west side within El Camino Village, boasting significant traffic with over 26,539 vehicles per day (VPD) on 154th Street. On the east side, facing Crenshaw Boulevard - a bustling thoroughfare with over 27,865 VPD - the parcels are zoned C-2, suitable for commercial development.This property's uniqueness lies in its dual zoning, offering flexibility for both residential and commercial use. Additionally, there is potential for further development, with the city permitting up to 20 units on the site. This blend of residential charm and commercial opportunity makes it a rare find in a sought-after location.Under SBAP - Minimum Density 24 and Maxium Density will allow up to 72 Units
Commercial building for retail / office / mixed use. Tenant occupied with month to month leases. Currently divided into 2 units. Owner is also selling the commercial building next door at 16401-16405 S. New Hampshire Ave APN: 6113-020-010. These two properties are priced and listed separately. Great property for owner user or investor/ landlord. Lots of potential to improve this property and increase rents. Additional parking spaces behind building plus diagonal parking in front. Zoned GAC2
Commercial building for retail / office / mixed use. Tenant occupied with month to month leases. Currently divided into 2 units. Owner is also selling the commercial building next door at 16401-16405 S. New Hampshire Ave APN: 6113-020-010. These two properties are priced and listed separately. Great property for owner user or investor/ landlord. Lots of potential to improve this property and increase rents. Additional parking spaces behind building plus diagonal parking in front. Zoned GAC2
Excellent location COMMERCIAL ZONING overlayed with Residential zoning.Please check with Gardena zoning & planning department. Dimension 67 X 280. South of Redondo Beach Blvd. You can possibly build 21 to 22 units(with density bonus 25 units) 2 Bedrooms app. 1000 sf with 5 story building( please check with planning department)
Excellent location COMMERCIAL ZONING overlayed with Residential zoning.Please check with Gardena zoning & planning department. Dimension 67 X 280. South of Redondo Beach Blvd. You can possibly build 21 to 22 units(with density bonus 25 units) 2 Bedrooms app. 1000 sf with 5 story building( please check with planning department)
Excellent location COMMERCIAL ZONING overlayed with Residential zoning.Please check with Gardena zoning & planning department. Dimension 67 X 280. South of Redondo Beach Blvd. You can possibly build 21 to 22 units(with density bonus 25 units) 2 Bedrooms app. 1000 sf with 5 story building( please check with planning department)
RECENTLY APPRAISED AT $3.1M WITH A CLEAN PHASE 1 ENVIRONMENTAL REPORT AND PROPERTY WILL BE VACANT 4/30/24. BACK ON MARKET - BUYER COULDN'T PERFORM. Large and secured freestanding building, Great mix of office and warehouse space with plenty of parking, and Located in the heart of the South Bays industrial hub this rare opportunity checks off all the boxes! This industrial property offers 1,200 sqft (approx.) of functional office space and 11,800 sqft (approx.) of warehouse space, situated on roughly 25,000 sqft of lot allowing for 20 parking spaces. The office space consists of a formal entrance with reception and waiting area, one full bathroom and one-half bathroom, multiple private offices, plenty of storage space, and fully equipped with heat and AC. The warehouse space has two large rollup doors (13x14 approx.) on the ground level that were recently installed, roughly 16 high ceilings, a recreation area, a full bathroom dedicated to the warehouse, and plenty of storage space above the office space. The entire property is secured with chain link and wrought iron fences with barbwire. Plus, recent repairs and upgrades have been made to the roof, electrical, asphalt paving, turf, window tinting, HVAC, rollup doors, fencing, and plumbing have been done over the l
RECENTLY APPRAISED AT $3.1M WITH A CLEAN PHASE 1 ENVIRONMENTAL REPORT AND PROPERTY WILL BE VACANT 4/30/24. BACK ON MARKET - BUYER COULDN'T PERFORM. Large and secured freestanding building, Great mix of office and warehouse space with plenty of parking, and Located in the heart of the South Bays industrial hub this rare opportunity checks off all the boxes! This industrial property offers 1,200 sqft (approx.) of functional office space and 11,800 sqft (approx.) of warehouse space, situated on roughly 25,000 sqft of lot allowing for 20 parking spaces. The office space consists of a formal entrance with reception and waiting area, one full bathroom and one-half bathroom, multiple private offices, plenty of storage space, and fully equipped with heat and AC. The warehouse space has two large rollup doors (13x14 approx.) on the ground level that were recently installed, roughly 16 high ceilings, a recreation area, a full bathroom dedicated to the warehouse, and plenty of storage space above the office space. The entire property is secured with chain link and wrought iron fences with barbwire. Plus, recent repairs and upgrades have been made to the roof, electrical, asphalt paving, turf, window tinting, HVAC, rollup doors, fencing, and plumbing have been done over the last few years giving the new owner peace of mind. This property is zoned M2 and located within the highly sough after West Rancho Dominguez, an unincorporated territory of Los Angeles County, which offers owners a chance to enjoy strong rental demand with extremely low vacancies. Within close proximity to all the major freeways, highways, ports, and airports this strategic location offers easy access to the entire South Bay and is centrally located with Los Angeles County, which helps cut down transportation time and costs. This opportunity is yours for the taking!
Location. Location. Property is located 223 W Rosecrans Ave, Gardena ,CA 90248. It is located in the city of Gardena, the best logistics center adjacent to the Long Beach Port and also adjacent to LA Airport. Gardena is Los Angeles industrial hub surrounding the 110 Freeway located 12 miles south of Downtown Los Angeles. The city of Gardena warehouse sales and lease market is a highly sought-after industrial real estate market with 2022 proving to be an extremely high demand market year. Currently, the best of the market demand for warehouse rental and sales is between 80,000 sf to 100,000 sf. According to various business press statistics, the South Bay area always has a vacancy rate of lease 1%. The reason is that there is no land that can be developed, and labor costs are too high to build. On the other hand , with the increase in the distribution industry across the country, many people have been looking for warehouses, but due to a lack of supply, price increases and vacancy rates are expected to remain at the lowest level. Current our's leased contract rents are equal to $1.00/sf Industrial Gross which equates to 39% below market rents current rental market a conservative estimate of $1.65/sf Gross market rent rate. Therefore, since the current market rate price is much
Location. Location. Property is located 223 W Rosecrans Ave, Gardena ,CA 90248. It is located in the city of Gardena, the best logistics center adjacent to the Long Beach Port and also adjacent to LA Airport.Gardena is Los Angeles industrial hub surrounding the 110 Freeway located 12 miles south of Downtown Los Angeles.The city of Gardena warehouse sales and lease market is a highly sought-after industrial real estate market with 2022 proving to be an extremely high demand market year.Currently, the best of the market demand for warehouse rental and sales is between 80,000 sf to 100,000 sf. According to various business press statistics, the South Bay area always has a vacancy rate of lease 1%.The reason is that there is no land that can be developed, and labor costs are too high to build. On the other hand , with the increase in the distribution industry across the country, many people have been looking for warehouses, but due to a lack of supply, price increases and vacancy rates are expected to remain at the lowest level. Current our's leased contract rents are equal to $1.00/sf Industrial Gross which equates to 39% below market rents current rental market a conservative estimate of $1.65/sf Gross market rent rate. Therefore, since the current market rate price is much higher than the lease price, we can be sure of the lease price increase factor.In the second year of investment(2024) ,the cap rate increase is 3.4%, and from the third year(2025), the cap increase is 5.3%.The Subject Property approximately 78,088 sf of warehouse/distribution situated on 3.251 acres of land.. There is a 10% office-to-warehouse ratio located in the front portion of the building with a kitchen and reception area. The 2nd floor warehouse mezzanine is 7,000 sf,but not included rental spaces in total rental sf.The building is built of brick and concrete and ceilings and interior facilities are in excellent condition. For vehicle traffic, there are two entrances that can pass through 360 degrees based on the building.Although the current real estate market situation is at its worst due to rising inflation and rising interest rates, it is expected that it will be a wise investment method to purchase an industrial logistics warehouse as the best investment. We will provide the best offers to the best investors. Very good 1031 Exchange building.
Location! Location! Location! Currently running Movie Theater, known as "Gardena Cinema" with a Commercial lot size 41,695 sq ft (Two lots including a parking lot) on a busy Crenshaw Blvd (near from the corner Marine Ave) in Gardena City for sale, its property and its theater movie showing business together. This property's frontage to the Crenshaw Blvd is 250 feet x depth 160 feet. total lot size is app. 41,695 sq.ft. comercial zoning lot. The present owner has owned and operated this movie theater business for the past 46 years long and now seller is ready to retire from this lovely business. The theater building size is 10,231 sq ft with capacity 800 seats, built in 1947, one story-building with a high ceiling and parking 120 lots which is in an adjacent lot. There is one tenant, a beauty hair salon in the right side of the theater entrance and another retail space in the frint This sale is included movie/cinema business and its equipment. Any buyer can run the cinema business or rent the theater for a movie company or others at the rate of $1,200~1,500 per hour. Monthly income from the movie theater is depended on how many days or how often times per day this cinema, and Irregular rent income by providing the cinema facilities. This property is also having a big potential for