14601 S Main Street Gardena, CA 90248

Welcome to 14601 S Main Street, a strategically located property boasting M-2-IP zoning for "Heavy Manufacturing." Currently vacant and in a shell condition, this free-standing building presents a blank canvas for your vision. The subject property was vandalized, its electrical & HVAC system was stolen, and per the Phase I Environmental Site Assessment Report completed 2019 by an Environmental Professional and Others did not identify any CRECs, HRECs or de minimis conditions associated with the Property, and the assessment also revealed no evidence of Recognized Environmental Conditions (RECs) in connection with the Property. The report should be reviewed in its entirety to fully understand environmental conditions associated with the Property. The new owner will have to invest $1,238,510.38 to restore the property, that will require the installation of necessary mechanical HVAC, electrical systems, addressing roof repairs, as well as managing asbestos and vapor intrusion contamination. Recently appraised on April 12, 2024, the property holds significant value. The Market Value As-Is stands at $3,470,000 ($227.69 PSF), while the Hypothetical Market Value As If Repaired is $4,720,000 ($309.71 PSF). The appraiser identified the property as a single-tenant 15,240 SF (GBA) industrial