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16401-16407 S New Hampshire Ave

2 Retail Properties Offered at £742,545 in Gardena, CA

Investment Highlights

  • Downtown Gardena location
  • Street parking

Executive Summary

EXECUTIVE SUMMARY
There are two commercial buildings available for sale with different APNs that are offered together.
PROPERTY HIGHLIGHTS
• Two APNs 6113-020-010 and 6113-020-011
• 100% occupied
• Pro Forma 5.8% Cap Rate
• Gated yard • Parking
• Strong lease upside potential Tenant Profile Sq.Ft.
• Retail store 1,000
• Business co-op 861 • General services 700 • Counseling 768
• TOTAL Leasable Sq.Ft.: 3,329

SUMMARY
Two Commercial buildings with retail / office space / mixed use.
Tenant occupied with month-to-month leases.
Centrally located in Gardena Downtown area with easy access to the 110 Freeway, the 405
Freeway and the 91 Freeway.
Owner would prefer to sell both properties together.
Great property for owner user or investor/landlord.
Lots of potential to improve this property and increase current rents.
Gated parking spaces on the property plus diagonal parking in front. Zoned GAC2.

Property Facts

Price £742,545
Price / SF £223.05 / SF
Net Initial Yield 5.80%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 3,329 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
16407 S New Hampshire Ave, Gardena, CA 90247 Retail 1,468 SF 1946 -
16401-16405 S New Hampshire Ave, Gardena, CA 90247 Retail 1,861 SF 1962 -
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  • Listing ID: 30134507

  • Date on Market: 20/11/2023

  • Last Updated:

  • Address: 16401-16407 S New Hampshire Ave, Gardena, CA

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