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    16806 S Western Avenue

    Gardena, CA 90247
    • $1,195,000
    • STATUS: Active
    • ON SITE: 693 Days
    • ID#: PV19270521
    UPDATED: 29 min ago
    $1,195,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,587
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Located in the vibrant Western Avenue corridor in the City of Gardena, this mixed-use property offers an opportunity for strong cash flow and growth potential in a location surrounded by strong commerce with global companies, an abundance restaurants and entertainment, and a thriving population. This corner lot property is situated at Western Avenue & 168th Street on a 6,499 sq.ft. lot, featuring 3,587 sq.ft. of space - 875 sq.ft. of commercial retail/office facing Western Avenue, and 2,700 sq.ft. for 9-units of residential. The unit mix consists of (1) 2/1, (2) 1/1, and (6) Studios. Plans are available to convert the residential units to (1) 2/1, (3) 1/1, and (1) Studio, garage, laundry, with space at the rear of the property for potentially up to 4 additional parking spaces. The property is in close proximity to the business rich South Bay area of Los Angeles, surrounded by aerospace, technology, entertainment, automotive, manufacturing, and just minutes from the 405 and 110 freeway, providing short easy access to Downtown LA, LAX, Los Angeles Harbor, the South Bay beach communities, as well as the new NFL stadium development in Inglewood. This premier mixed-use property brings the potential for established commercial and residential tenants in "The City of Opportunity booming with growth and activity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/101225416
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    16806 S Western Avenue Gardena, CA 90247

    • Price: $1,195,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: PV19270521
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,587
    SQFT
    $333
    $/SQFT
    1961
    Built
    Neighborhood:
    119 - Central Gardena
    County:
    Los Angeles
    Area:
    119 - Central Gardena
    Property Description
    Located in the vibrant Western Avenue corridor in the City of Gardena, this mixed-use property offers an opportunity for strong cash flow and growth potential in a location surrounded by strong commerce with global companies, an abundance restaurants and entertainment, and a thriving population. This corner lot property is situated at Western Avenue & 168th Street on a 6,499 sq.ft. lot, featuring 3,587 sq.ft. of space - 875 sq.ft. of commercial retail/office facing Western Avenue, and 2,700 sq.ft. for 9-units of residential. The unit mix consists of (1) 2/1, (2) 1/1, and (6) Studios. Plans are available to convert the residential units to (1) 2/1, (3) 1/1, and (1) Studio, garage, laundry, with space at the rear of the property for potentially up to 4 additional parking spaces. The property is in close proximity to the business rich South Bay area of Los Angeles, surrounded by aerospace, technology, entertainment, automotive, manufacturing, and just minutes from the 405 and 110 freeway, providing short easy access to Downtown LA, LAX, Los Angeles Harbor, the South Bay beach communities, as well as the new NFL stadium development in Inglewood. This premier mixed-use property brings the potential for established commercial and residential tenants in "The City of Opportunity booming with growth and activity.
    Exterior Features

    Construction Materials DrywallWood Siding Entry Level 1 Fencing Wood Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 0 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

    Interior Features

    Common Walls No Common Walls Cooling None Cooling YN No

    Property Features

    Additional Parcels YN No Cap Rate 4.9 Common Interest None Community Features Urban Current Financing Conventional Electric Expense 3600 Fuel Expense 1440 Garage YN No Gross Income 98940 Gross Scheduled Income 98940 Insurance Expense 2000 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Maintenance Expense 3000 Net Operating Income 59536 New Construction YN No New Taxes Expense 15000 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 9 Operating Expense 39404 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7100 Tax Year 2019 Total Actual Rent 8245 Trash Expense 2232 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 3004 Water Sewer Expense 2629 Water Source Public Zoning Gac3

    Listing provided courtesy of Edward Barrios of Vista Sotheby's International Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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