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$3,200,000
17 Beds ⋅ 16 Baths ⋅ 26857357 MLS ⋅ Active Status
16-Unit Investment Opportunity in Gardena P.O.: 12-unit structure and 4-unit structure, situated on a large 12,831-SF corner lot. Favorable Rent Control Profile: 12 units were built in 1988 and are not subject to LA City Rent Control (AB 1482 only) and 4 units were built in 1965 and are subject to L.A. RSO. Large Corner Lot with ADU Potential: Expansive lot and ample parking areas present a desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.77% current cap rate and 10.91 GRM with upside to a 7.13% pro-forma cap rate and 9.41 GRM. Recent Capital Improvements: Features newer windows and doors, 6 renovated units, a new roof on the 12-unit building (2018), copper plumbing for both buildings, a new main water line, newer sewer line (2021/2022), and the property passed the SB 721 balcony inspection. Attractive Property Amenities: Gated property featuring 24 total parking spaces and an on-site laundry facility. Convenient South Bay Location: Located approximately one-half mile from Artesia Boulevard and in close proximity to Pacific Square Shopping Center & Gardena Marketplace.

16511 S Denver Avenue, Gardena
$1,250,000
4 Beds ⋅ 2 Baths ⋅ 26853945 MLS ⋅ Active Status
Great Mixed Use, LAC2 zone with 2 separate buildings, Residential (Vacant 16508 S. Menlo Ave) & Commercial 762 W. Gardena Blvd (Rented with rental income of $3800/month)....... RESIDENTIAL bldg. is located on the quiet side of the Street featuring a 3 bedroom & 1 Bath, 1042 Sq. Ft. spacious living room leading to a separate open dining area with a fully equipped kitchen, washer & dryer with side by side fridge and Central heating & cooling system. Very private yard & bldg. with 6' green fence with a cover patio great outdoor seating, picnic area and entertainment. Alley access for vehicle, trucks, RV and bike.....The COMMERCIAL bldg. equipped with 1 & 3 phase electric meters is located at corner of Gardena Blvd. & Menlo Ave with high foot & auto traffic providing a great retail exposure. Excellent two 22' Driveways on Gardena Blvd & Menlo Ave perfect for a drive-thru Business serving 6 cars simultaneously in the drive thru with additional 5 car parking. ALL Parking are exclusive due to being the ONLY business on that side of the lot. Newly renovated Bldg. 600 Sq. Ft. open space, prewired for High-speed data outlet at every 6' of interior wall with new restroom & shower. Currently rented by a long term Auto dealership. It is a great location for Drive thru business, Medical office, Doctors Office, Auto Dealer, Mini Mart, E commerce business, Restaurant, Coffee shop, Mobile device store and any Retail business needing great exposure with easy drive thru parking.

762 W Gardena Boulevard, Gardena

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.