Listing IDSB22208202
Price$1,200,000
Price/SqFt$371.29
StatusPending
SqFt
3,232
CountyLos Angeles
Year Built1956
Property TypeCommercial Sale
Property Sub TypeIndustrial
The subject property is a 3,232 commercial/industrial building on a large 18,722 square foot lot that is zoned C-3 that goes street to street from Rosecrans to 144th Street in the City of Gardena. The existing light industrial use is grand-fathered in as the tenant (an aviation/aerospace plating business) has been at this location for close to 30 years when the parcel was originally zoned M1. The tenant is on a month to month tenancy and is paying below market rent that has not been increased in over 10 years. There is also a 40’ wide by 100’ long steel frame open storage structure providing 4,000 square feet of coverage that has a clear height of 18’ at the center point of the pitched ceiling and 11’ high on the lowest points on each side. This area can be used for storage of trucks, vehicles, equipment and building materials that do not require a fully enclosed building. The property also has an MUO – Mixed Use Overlay Zone, however the minimum parcel size for using this overlay is 1 acre (43,560 square feet). There is also a paint booth that is on the premises that was installed by the tenant and never used which can be made available for purchase, but neither seller nor broker make any representations as to the AQMD permit status.
County
Los Angeles
Price/SqFt
371.29
Property Sub Type
Industrial
Property Type
Commercial Sale
Year Built
1956
Zoning
C-3
Building Area Units
Square Feet
Condo Area Units
Square Feet
Laundry Features
None
Lot Size Source
Assessor
Minimum Total Area Units
Square Feet
Number Of Buildings
1
Water Source
Public
Country
US
MLS Area Major
117 - McCarthy
Additional Parcels
no
Asset Class
Industrial
Building Status
Existing
Days On Market
3
Land Use
Industrial
List Agent State License
01164364
List Office State License
01508014
Max Total Area Units
Square Feet
Number Of Units Leased
1
Parcel Number
4062003028
Year Built Source
Assessor
Accounting Type
Actual
Cap Rate
2.95
Current Financing
None
Expense Year
2022
Gross Scheduled Income
26400
Insurance Expense
5000
Net Operating Income
35400
Other Income 1
18800
Real Estate Tax Expense
13800
Special Listing Conditions
Standard
Tax Annual Amount
13800
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Telford Real Estate Inc or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 07:54:34 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, March 28th, 2024 07:54:34 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Similar Listings
Contact - Listing ID SB22208202
Nancy Telford
Data services provided by IDX Broker