14405 Vermont AveGardena, CA 90247

  • Industrial properties
  • 15,174 SF
For Sale
$1,785,000 View listing

Property Details for 14405 Vermont Ave

Year built
1979
Construction
TILT-UP CONCRETE
Lot size
0.54 AC
Property size (Sq ft)
15,174 SF
Zone code
GAC3
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
6114-032-045
APU
6114032045

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,032,316
    Hospitality
    $4,609,574
    Educational
    $3,835,112
    Medical
    $3,967,007
    Retail
    $5,965,729
14405 Vermont Ave, Gardena, California

Location Insight

City
Gardena
County
Los Angeles
State
California
Latitude
33.9008
Longitude
-118.292
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,653
$759,989
$5,886
$765,875
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