14604 Crenshaw Boulevard Active Save Request In-Person Tour Request Virtual Tour
Gardena,CA 90249
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $237
MLS Listing ID CL25488691
HOA Y/N No
Year Built 1955
Lot Size 0.358 Acres
Acres 0.36
Property Sub-Type Comm Ind For Sale
Property Description
14604-14612 Crenshaw Boulevard is a prime multi-tenant retail property in Gardena, CA, featuring five units ranging from approximately 1,000 to 1,900 square feet, totaling 7,800 square feet of rentable space on a 15,613 square foot C-3 zoned lot. Currently 100% occupied, 14604 Crenshaw Boulevard offers an excellent value-add investment or owner-user opportunity. Three units are rented on a triple-net basis at an average rate of $2.46 per square foot, per month (including NNN's). The remaining two units are leased on a month-to-month basis nearly 50% below market rents, offering immediate upside through strategic lease negotiations or repositioning. The existing lease flexibility also allows an owner-user the ability to occupy over 51% of the property and benefit from SBA financing with as little as 10% down, making the bottom-line cost to operate lower than similar available space in the area after offsetting costs with rental income from the other tenants. The property includes a private, gated parking lot with 15 spaces, accessible from the rear alley, offering convenient access to all units. With 104 feet of frontage along Crenshaw Boulevard, the property enjoys excellent visibility and a daily traffic count of nearly 30,000 vehicles. Gardena's robust demographics feature a po
Location
State CA
County Los Angeles
Zoning GAC3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4064012026