Gardena, CA 90247,16806 S Western Avenue
Listed by Edward Barrios • Vista Sotheby's International Realty
Bought with Noe Blanco • RE/MAX Alliance Group

$1,135,000

$1,195,000

5.0%
Est.Price: ?

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Est. payment /mo

3,587 SqFt


SOLD DATE : 03/18/2022

Key Details

Sold Price $1,135,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,587 sqft

Price per Sqft $316

MLS Listing ID CRPV19270521

Sold Date 03/18/22

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1961

Lot Size 6,499 Sqft

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” boo

Location

State CA

County Los Angeles

Interior

Cooling None

Fireplace No

Laundry Other

Building

Water Public

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agent
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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