Gardena, CA 90247,16806 S Western Avenue
Gardena, CA 90247,16806 S Western Avenue
Gardena, CA 90247,16806 S Western Avenue
Gardena, CA 90247,16806 S Western Avenue
Gardena, CA 90247,16806 S Western Avenue
Gardena, CA 90247,16806 S Western Avenue
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$1,135,000

$1,195,000

5.0%
Est.Price: ?

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Est. payment /mo

3 Beds

5 Baths

6,499 Sqft Lot


SOLD DATE : 03/18/2022

Key Details

Sold Price $1,135,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PV19270521

Sold Date 03/18/22

Bedrooms 3

HOA Y/N No

Lot Size 6,499 Sqft

Lot Dimensions 50x130

Property Description

Located in the vibrant Western Avenue corridor in the City of Gardena, this mixed-use property offers an opportunity for strong cash flow and growth potential in a location surrounded by strong commerce with global companies, an abundance restaurants and entertainment, and a thriving population. This corner lot property is situated at Western Avenue & 168th Street on a 6,499 sq.ft. lot, featuring 3,587 sq.ft. of space - 875 sq.ft. of commercial retail/office facing Western Avenue, and 2,700 sq.ft. for 9-units of residential. The unit mix consists of (1) 2/1, (2) 1/1, and (6) Studios. Plans are available to convert the residential units to (1) 2/1, (3) 1/1, and (1) Studio, garage, laundry, with space at the rear of the property for potentially up to 4 additional parking spaces. The property is in close proximity to the business rich South Bay area of Los Angeles, surrounded by aerospace, technology, entertainment, automotive, manufacturing, and just minutes from the 405 and 110 freeway, providing short easy access to Downtown LA, LAX, Los Angeles Harbor, the South Bay beach communities, as well as the new NFL stadium development in Inglewood. This premier mixed-use property brings the potential for established commercial and residential tenants in The City of Opportunity booming with growth and activity.
Located in the vibrant Western Avenue corridor in the City of Gardena, this mixed-use property offers an opportunity for strong cash flow and growth potential in a location surrounded by strong commerce with global companies, an abundance restaurants and entertainment, and a thriving population. This corner lot property is situated at Western Avenue & 168th Street on a 6,499 sq.ft. lot, featuring 3,587 sq.ft. of space - 875 sq.ft. of commercial retail/office facing Western Avenue, and 2,700 sq.ft. for 9-units of residential. The unit mix consists of (1) 2/1, (2) 1/1, and (6) Studios. Plans are available to convert the residential units to (1) 2/1, (3) 1/1, and (1) Studio, garage, laundry, with space at the rear of the property for potentially up to 4 additional parking spaces. The property is in close proximity to the business rich South Bay area of Los Angeles, surrounded by aerospace, technology, entertainment, automotive, manufacturing, and just minutes from the 405 and 110 freeway, providing short easy access to Downtown LA, LAX, Los Angeles Harbor, the South Bay beach communities, as well as the new NFL stadium development in Inglewood. This premier mixed-use property brings the potential for established commercial and residential tenants in The City of Opportunity booming with growth and activity.

Location

State CA

County Los Angeles

Area Gardena (90247)

Zoning Assessor

Exterior

Exterior Feature Wood

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Space Rent $4,825

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Edward Barrios • Vista Sotheby's International Realty
Bought with Noe Blanco • RE/MAX Alliance Group
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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