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245-261 E 157th St

70,546 SF 100% Leased Industrial Building Gardena, CA 90248 $41,000,319 CAD ($581 CAD/SF)

Investment Highlights

  • Ideal Investment Portfolio Opportunity, Fully Leased Gardena Business Park
  • High-Ceilings, 15 Roll-Up Doors, Fenced, and Ample Parking
  • Separate Electric Meters up to 1,200 amp/480 Volt
  • Ten Industrial Units, 100% Occupancy
  • Near the 110 Harbor FWY, M1 Zoning

Executive Summary

Excellent Industrial Business Park in the city of Gardena for Sale, ten (10) units with 100% occupancy, represent a value-add investment opportunity to acquire a well-located, infill, industrial portfolio with huge upside and rental income returns at market rates. Approximately 70,546 of rentable square footage between two concrete tilt-up buildings, which feature 19" to 22" clear-height ceilings, fifteen (15) roll-up doors, two dock high doors at rear structure, ample parking spaces to sq. ft. ratio, fenced lot, roof-top HVAC units, and more (see Offering Memorandum).

Property Facts

Price $41,000,319 CAD
Price Per SF $581 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 2.86 AC
Rentable Building Area 70,546 SF
No. Stories 1
Year Built 1962
Parking Ratio 2.31/1,000 SF
Clear Ceiling Height 19 ft
No. Drive In / Grade-Level Doors 15

Amenities

  • Fenced Lot
  • Security System
  • Signage
  • Skylights
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6129-019-038
Land Assessment
$12,333,448 CAD
Improvements Assessment
$7,980,466 CAD
Total Assessment
$20,313,914 CAD

zoning

Zoning Code LCM1* (Light Manufacturing)
LCM1* (Light Manufacturing)
  • Listing ID: 28981517

  • Date on Market: 2023-07-12

  • Last Updated:

  • Address: 245-261 E 157th St, Gardena, CA 90248

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