Gardena Real Estate Search

Gardena Properties over $2,000,000 for Sale

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Newest Gardena Properties over $2,000,000 for Sale

$3,250,000
SB23099487 MLS Active Status
Large and secured freestanding building, Great mix of office and warehouse space with plenty of parking, and Located in the heart of the South Bay’s industrial hub – this rare opportunity checks off all the boxes! This industrial property offers 1,200 sqft (approx.) of functional office space and 11,800 sqft (approx.) of warehouse space, situated on roughly 25,000 sqft of lot allowing for 20 parking spaces. The office space consists of a formal entrance with reception and waiting area, one full bathroom and one-half bathroom, multiple private offices, plenty of storage space, and fully equipped with heat and AC. The warehouse space has two large rollup doors (13’x14’ approx.) on the ground level that were recently installed, roughly 16’ high ceilings, a recreation area, a full bathroom dedicated to the warehouse, and plenty of storage space above the office space. The entire property is secured with chain link and wrought iron fences with barbwire. Plus, recent repairs and upgrades have been made to the roof, electrical, asphalt paving, turf, window tinting, HVAC, rollup doors, fencing, and plumbing have been done over the last few years giving the new owner peace of mind. This property is zoned M2 and located within the highly sough after West Rancho Dominguez, an unincorporated territory of Los Angeles County, which offers owners a chance to enjoy strong rental demand with extremely low vacancies. Within close proximity to all the major freeways, highways, ports, and airports – this strategic location offers easy access to the entire South Bay and is centrally located with Los Angeles County, which helps cut down transportation time and costs. This opportunity is yours for the taking!

14550 S Main Street, Gardena

$30,610,000
RS22255455 MLS Active Status
Location. Location. Property is located 223 W Rosecrans Ave, Gardena ,CA 90248. It is located in the city of Gardena, the best logistics center adjacent to the Long Beach Port and also adjacent to LA Airport. Gardena is Los Angeles’ industrial hub surrounding the 110 Freeway located 12 miles south of Downtown Los Angeles. The city of Gardena warehouse sales and lease market is a highly sought-after industrial real estate market with 2022 proving to be an extremely high demand market year. Currently, the best of the market demand for warehouse rental and sales is between 80,000 sf to 100,000 sf. According to various business press statistics, the South Bay area always has a vacancy rate of lease 1%. The reason is that there is no land that can be developed, and labor costs are too high to build. On the other hand , with the increase in the distribution industry across the country, many people have been looking for warehouses, but due to a lack of supply, price increases and vacancy rates are expected to remain at the lowest level. Current our's leased contract rents are equal to $1.00/sf Industrial Gross which equates to 39% below market rents current rental market a conservative estimate of $1.65/sf Gross market rent rate. Therefore, since the current market rate price is much higher than the lease price, we can be sure of the lease price increase factor. In the second year of investment(2024) ,the cap rate increase is 3.4%, and from the third year(2025), the cap increase is 5.3%. The Subject Property approximately 78,088 sf of warehouse/distribution situated on 3.251 acres of land. . There is a 10% office-to-warehouse ratio located in the front portion of the building with a kitchen and reception area. The 2nd floor warehouse mezzanine is 7,000 sf, but not included rental spaces in total rental sf. The building is built of brick and concrete and ceilings and interior facilities are in excellent condition. For vehicle traffic, there are two entrances that can pass through 360 degrees based on the building. Although the current real estate market situation is at its worst due to rising inflation and rising interest rates, it is expected that it will be a wise investment method to purchase an industrial logistics warehouse as the best investment. We will provide the best offers to the best investors. Very good 1031 Exchange building.

223 W Rosecrans Avenue, Gardena

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.