$1,135,000
$1,195,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
16806 S Western AVE Gardena, CA 90247
6,499 Sqft Lot
Key Details
Sold Price $1,135,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV19270521
Sold Date 03/18/22
HOA Y/N No
Year Built 1961
Annual Tax Amount $7,100
Tax Year 2019
Lot Size 6,499 Sqft
Lot Dimensions Assessor
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.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAC3
Interior
Cooling None
Fireplace No
Laundry Common Area
Exterior
Fence Wood
Pool None
Community Features Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6106003032
Energy Description 1440.0
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with Noe Blanco • RE/MAX Alliance Group