400 Redondo Beach Blvd Gardena, CA 90248

This exceptional 17,721 square foot industrial property in Gardena, CA, presents a compelling investment opportunity. Located at 400 W Redondo Beach Blvd, this stabilized, eight-unit complex boasts a 5.12% pro-forma cap rate and a strong $332,930 pro-forma NOI. Recently renovated in 2024, the property features a single, one-story building constructed in 1987, situated on a 33,692 square foot lot with M1 zoning. The property offers eight ground-level loading docks and a 16-foot clear height, ideal for various industrial uses. A full concrete yard, secured by a new wrought iron fence and automated gate, enhances security and operational efficiency. Its prime location provides immediate access to the 110 Freeway, offering unparalleled connectivity to LAX, Downtown Los Angeles, and the Ports of Los Angeles and Long Beach. Currently 77.8% occupied, this investment benefits from a diverse tenant mix and strong market fundamentals, promising a stable and reliable income stream. The asking price is $6,696,720, with a price per square foot of $377.90 and a price per unit of $837,090. The property's strategic location, modern amenities, and robust industrial activity in the surrounding area make it a premier investment in the dynamic Los Angeles market. APN: 6129-004-038.