12829 Normandie AveGardena, CA 90249

Property Details for 12829 Normandie Ave

Year built

1967

Construction

TILT-UP CONCRETE

Lot size

0.59 AC

Property size (Sq ft)

12,139 SF

Zone code

GAC3

Property type

Community centers

APN

6102-003-007

APU

6102003007

Description

This exceptional Gardena office property, located at 12829 Normandie Ave (Normandie & El Segundo), offers a unique leasing opportunity. The property consists of two single-story buildings totaling 12,139 square feet, built in 1967 and extensively renovated in 2024. The property is zoned C3 and features nine suites, with 1,400 square feet currently vacant, offering a minimum divisible space of 1,400 square feet and a maximum contiguous space of 2,000 square feet. The lot size is a generous 25,889 square feet. This Class B property is situated in a bustling Gardena submarket, benefiting from high foot traffic and proximity to thriving businesses. The location provides excellent visibility and accessibility, making it ideal for a variety of office uses. The property's recent renovation ensures modern amenities and a comfortable work environment. This is a rare opportunity to secure prime office space in a vibrant and convenient location. The APN is 6102-003-007. Don't miss this chance to establish your business in this thriving Gardena commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $5,170,214

  6.5%

  $4,772,504

  7%

  $4,431,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,817,048

  Geo Method

  $5,817,048

• Alternative Use

  Use

  Valuation

  Residential

  $4,025,786

  Hospitality

  $3,687,598

  Educational

  $3,068,039

  Medical

  $3,173,553

  Retail

  $4,772,504

Location Insight

City

Gardena

County

Los Angeles

State

California

Latitude

33.9159

Longitude

-118.301

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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