16806 S Western Avenue

Gardena, CA 90247
$1,195,000

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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  • Property Details
    • Property
      • Stories:2
      • Lot description:Item01UnitAcre, Flat
    • Measurements
      • Acres:0.15
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1961
  • Utilities / Energy Details
    • Utility
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 200, 000
      • Selling office_commission:2.500
      • Annual taxes:$15, 000
  • Other
    • Source
      • MLS #:PV19270092

Location

Marco AsaroReal Estate Group
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