For Sale
$1,785,000

14405 Vermont AveGardena, CA 90247

Vacant industrial building, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional value-add opportunity presents a 15,174-square-foot vacant industrial building situated on a substantial 23,708-square-foot lot in Gardena, California. The property, located at 14405 S Vermont Ave, 90247, boasts a strategic location near the intersection of Vermont Avenue and Rosecrans Avenue, offering excellent access to major transportation routes. Currently zoned GAC3, the property presents significant potential for various commercial uses or even residential development, subject to due diligence and permitted zoning. The asking price is $1,785,000, translating to an attractive $117.64 per square foot. Built in 1979, the two-story building is currently vacant and requires significant repairs or redevelopment. The substantial lot size, priced at approximately $77 per square foot, presents a compelling opportunity for investors seeking a project with considerable upside. The absence of loading docks and dock-high doors should be considered in any redevelopment plans. Prospective buyers are strongly encouraged to conduct thorough due diligence to ascertain the current legal use allowances for the property. This property represents a rare chance to acquire a large parcel of land in a prime Gardena location at a highly competitive price point.

Highlights

  • $1,785,000 asking price for a vacant 15,174 square foot industrial building.
  • Located in Gardena, CA at 14405 S Vermont Ave, on a 23,708 square foot lot.
  • Property is zoned GAC3 and offers value-add investment potential.
  • Building features 15,174 square feet of net rentable space, built in 1979, with two stories.
  • Price per square foot is $117.64, with zero loading docks or dock-high doors.

Property Details for 14405 Vermont Ave

Property type
Warehouses, Industrial properties
Square Feet
15,174 SF
Year Built
1979
Buildings
1
Stories
2

Location Insight

City
Gardena
County
Los Angeles
State
California
Latitude
33.90070827356
Longitude
-118.29192962105
14405 Vermont Ave, Gardena, California

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14405 Vermont Ave
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