14405 Vermont AveGardena, CA 90247
- Industrial properties
- 15,174 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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