For Sale
$1,850,000

14604 Crenshaw Blvd Gardena, CA 90249

Multi-tenant retail building, high traffic area

Overview

Added:
Feb 3
Days on market:
81
This exceptional 7,800 square foot multi-tenant retail property in Gardena, CA, is situated on a 0.36-acre lot (15,613 sq ft) zoned C-3. The building comprises five units ranging from approximately 1,000 to 1,900 square feet, currently 100% occupied. Three units are leased on a triple-net basis at an average of $2.46 per square foot, per month (including NNNs), while two units are month-to-month, offering significant upside potential. The property boasts a private, gated parking lot with 15 spaces, accessible from a rear alley. With 104 feet of frontage on Crenshaw Boulevard, it benefits from high visibility and approximately 30,000 vehicles passing daily. The strong demographics include over 720,000 people within a five-mile radius and an average household income exceeding $83,000 within two miles. Its location offers easy access to major freeways (105, 110, 405, and 91) and prominent employers such as SpaceX, Tesla, Northrop Grumman, Boeing, and Ring. The flexible lease terms also present an owner-user opportunity, allowing for occupancy of over 51% of the property and potential SBA financing with as little as 10% down. This presents a compelling value-add investment or owner-user opportunity with significant potential for increased profitability.

Property Details for 14604 Crenshaw Blvd

Property type
Commercial real estate
Square Feet
7,800 SF
Year Built
1955
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Gardena
County
Los Angeles
State
California
Latitude
33.89899
Longitude
-118.3262

FAQs

What type of property is this?
Commercial real estate - Multi-tenant retail building, high traffic area
Where is the commercial real estate located?
The property is located at 14604 Crenshaw Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $1,850,000.
How can I contact the broker?
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14604 Crenshaw Blvd
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