Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    405 E Rosecrans Ave Gardena, CA 90248

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,075,000

    Car wash and vacant lot on a major corner.

    Lot size:
    0.65 Acres

    Property Features for 405 E Rosecrans Ave

    General Information

    Lot size
    0.65 Acres

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Armen Mesropyan
    Source: Elliman

    Listing Agent: Armen Mesropyan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Car Wash and Vacant Lot

    This property presents an investment opportunity and includes a car wash and a vacant lot. The property comprises two APNs: 6131-014-025 and 6131-014-023. Situated on a corner lot, the site measures 28,124 square feet according to the assessor. The location is at a major corner on San Pedro Street. Improvements include a 1,647-square-foot building with a 14-foot ceiling, accompanied by parking space for 30 cars.
    Location Intelligence

    Current Use by Public Records

    Tacos Los Cuñados Taco Restaurant MORE THAN SOUL Soul Food Restaurant Local Portable Toilet Portable Toilet Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.2687151
    Latitude
    33.9021966

    Nearby Similar for Sale

    • $2,250,000
      7,323 SF

      Gardena Apartment Building For Sale

      1985 construction in a highly desirable Gardena location.
      16105 S Denker Ave, Gardena, CA 90247
      View Details
    • $1,150,000
      2,570 SF

      Gardena Triplex with ADU Potential

      Vacant triplex in Gardena with ADU potential for sale.
      16813 Halldale Ave, Gardena, CA 90247
      View Details
    • $4,900,000
      19,292 SF

      Gardena Industrial Property For Sale

      19,292 SF industrial property in Gardena, CA for sale.
      400 W Alondra Blvd, Gardena, CA 90248
      View Details
    • $2,450,000
      8,325 SF

      Corner Mixed-Use Property in Gardena

      Mixed-use property with residential and commercial units in high-traffic area.
      16414 S Vermont Ave, Gardena, CA 90247
      View Details
    • $849,000
      1,752 SF

      Gardena Triplex Investment Opportunity

      Three-unit income property in Gardena with flexible rental options.
      3131 W 147Th St, Gardena, CA 90249
      View Details
    • $295,000

      Gardena Auto Body Shop Opportunity

      Fully operational auto body shop with licenses in Gardena.
      1143 W El Segundo Blvd, Gardena, CA 90247
      View Details
    • New
      $1,390,000
      2,450 SF

      Turnkey Residential Income with Warehouse

      Remodeled 4-unit plus warehouse with development potential.
      15328 S San Pedro St, Gardena, CA 90248
      View Details
    • New
      $750,000
      2,065 SF

      Gardena Duplex: Value-Add Opportunity

      Fixer duplex in Gardena with strong rental upside.
      1719 W 166Th St, Gardena, CA 90247
      View Details
    • $1,250,000
      4,200 SF

      Commercial Property on Active Corridor

      Adaptable commercial property in a high-traffic Los Angeles location.
      845 W Gardena Blvd, Gardena, CA 90247
      View Details
    • $1,280,000
      3,276 SF

      Gardena Multifamily Investment Opportunity

      Four units with upgrades, parking, and convenient location.
      3245 Marine Ave, Gardena, CA 90249
      View Details
    • $855,000
      3,000 SF

      Gardena Commercial Property For Sale

      Commercial property with high visibility, adaptable for various business uses.
      847 W Gardena Blvd, Gardena, CA 90247
      View Details
    • $300,000
      Pending

      Established Car Wash Business Opportunity

      Well-maintained car wash business with high visibility in Gardena, CA.
      13400 Crenshaw Blvd, Gardena, CA 90249
      View Details

    FAQs

    What type of property is this?
    Car wash - Car wash and vacant lot on a major corner.
    Where is this car wash located?
    The property is located at 405 E Rosecrans Ave Gardena, CA.
    What is the asking price?
    The asking price for this property is $2,075,000.
    What are key features of this property?
    This property features: - Great Investment Opportunity: Car Wash and Vacant Lot; - Large Corner Lot: 28,124 Sq. Ft. (per assessor); - Prime Location: On Major Corner (San Pedro St)
    (747) 221-3007
    Request Owner's contact information
    405 E Rosecrans Ave Gardena, CA 90248
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 E Rosecrans Ave
    Gardena, CA 90248
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 E Rosecrans Ave Gardena, CA 90248
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Armen Mesropyan
    (747) 221-3007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.