133 162Nd StGardena, CA 90248

Property Details for 133 162Nd St

Year built

1958

Construction

TILT-UP CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

4,000 SF

Zone code

CAMH*

Property type

Warehouses

APN

6125-015-016

APU

6125015016

Description

This exceptional Gardena commercial property presents a unique investment opportunity. The single-story building, totaling 4,000 square feet, sits on a 0.14-acre lot (6,060 square feet) and is currently vacant. The building features 240 square feet of office space and a warehouse with a minimum clear height of 11'6". Two ground-level loading doors provide convenient access to the warehouse. A fenced, concrete-paved parking and yard area is located at the rear of the building, accessible via an alley. The property is situated on the north side of 162nd Street, east of Main Street, in a thriving business district, offering excellent visibility and accessibility. This location is ideal for a variety of businesses, providing ample space for operations and convenient access for clients and customers. The property's strategic location within Gardena's bustling business environment makes it an attractive investment for entrepreneurs and investors alike. The combination of size, features, and location makes this a rare opportunity to acquire a valuable commercial property in a high-demand area. The asking price is $1,095,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,120,470

  6.5%

  $1,957,350

  7%

  $1,817,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,041,470

  Geo Method

  $2,041,470

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,019,500

  Mixed-Use / Specialty

  $1,028,290

  Hospitality / Lodging

  $770,612

  Office

  $1,035,130

  Institutional / Educational

  $1,073,450

  Residential Income

  $1,255,940

  Multifamily

  $1,437,390

  Automotive / Energy

  $920,104

  Parking / Income-Based Land

  $305,234

  Restaurant / Food Service

  $561,355

  Healthcare / Senior Housing

  $1,041,750

Location Insight

City

Gardena

County

Los Angeles

State

California

Latitude

33.885

Longitude

-118.275

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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