Three-Building Industrial
For Sale
Contact for pricing
115-123 E Gardena Blvd, Gardena, CA 90248
Industrial offering comprising three buildings on a substantial Gardena parcel.
Property Size26,731 SF
Lot Size1.01 Acres
Price / SF$320
Days on Market51
Property Features for 115-123 E Gardena Blvd
General Information
Standard status
Active
Size
26,731 SF
Lot size
1.01 Acres
Property subtype
INDUSTRIAL
Building Details
Buildings
3
Listing Agency:
LAREM Industrial Real Estate Specialists, Inc
(310) 719-1585
Listed By:
Colin Lancaster
(310) 704-4003
Source:
Moodyscre
Added: Sep 2
Changed: Oct 13
Last Checked: Oct 20 at 10:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAREM Industrial Real Estate Specialists, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property includes three buildings situated on a 43,996-square-foot lot. The offering is located at 115-123 E Gardena Blvd in Gardena, California 90248.
Key Highlights
- Three industrial buildings included
- 43,996‑square‑foot lot
- Located at 115‑123 E Gardena Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$312,381
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,247,620
$6.2M
Cap Rate 7%
$4,462,586
$4.5M
Cap Rate 9%
$3,470,900
$3.5M
Market Conditions
NOI Build-Up for 26,731 SF
Gross rent
$474.7K $17.76/SF
− Vacancy
−$28.5K −$1.07/SF
EGI
$446.3K $16.69/SF
− OpEx
−$133.9K −$5.01/SF
NOI
$312.4K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,247,620
Cap Rate 7%
$4,462,586
Cap Rate 9%
$3,470,900
Alternative Uses
Best Use
Industrial
$4.46M
$3.90M – $5.21M
NOI $312,381 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.31M
$12.52M – $16.70M
NOI $1,001,817 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Explore this area
Business Placement
Demographics for 90248, CA
11,295
Population
4,249
Households
2.7
Avg Household Size
42
Median Age
33%
College-Educated
84%
High-School Grad
4.8 sq mi
ZIP Area
2,353
Density / Sq Mi
$81,777
Median Household Income
$45,831
Median Earnings
$1,602
Median Rent
$646,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial offering comprising three buildings on a substantial Gardena parcel.
Where is this industrial property located?
The property is located at 115-123 E Gardena Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $8,553,920.
What are key features of this property?
This property features: Three industrial buildings included; 43,996‑square‑foot lot; Located at 115‑123 E Gardena Blvd
