Individually Owned 
For Sale
1 / 25
$1,099,000
16820 S Western Ave, Gardena, CA 90247
View Listing →
Property summary
AI-generated overview
This exceptional commercial property at 16820 Western Avenue in Gardena, California, presents a unique investment opportunity. The property encompasses a total of 3,128 square feet situated on a 0.15-acre lot (6,490 square feet). The main building, totaling 1,129 square feet, functions as a lobby and office space, complete with two bedrooms and one and one-quarter bathrooms. This area is ideal for administrative functions or client interaction. The rear building, a 2,000 square-foot warehouse, is currently configured as an auto repair shop, equipped with four vehicle lifts, an air compressor, and a dedicated tire mounting and balancing area. A washer/dryer hookup is also available. The property's zoning is designated as GAC3. The high-traffic location on Western Avenue in the heart of Gardena makes this property exceptionally attractive for a variety of commercial uses. Potential uses include, but are not limited to, warehouse space, auto repair, auto body work, or office space. Prospective buyers should verify permitted uses with the City of Gardena. This property is perfect for investors or entrepreneurs seeking a versatile and well-equipped commercial space in a desirable location. The asking price is $1,189,000.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1906
Total area
3,128 SF
Lot
0.15 ac (6,490 SF)
Zoning code
GAC3
APN
6106-003-004
UPID
US09-9829762
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.08M
Owner & transaction history
since 2023
Last sale
$935,009
7 recorded transactions
Zoning & alternative use
GAC3 · Gardena, CA
Top alternative use upside
Medical building
$1.4M
+61.7%
Office building
$1.0M
+13.7%
Commercial (general)
$1.0M
+13.6%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 12 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.08M
Value range
$968k – $1.18M
±10% around blend
Estimated value / SF
$344 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$968k
blend $1.08M
$1.18M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,128 SF
Lot area
0.15 ac
Year built
1906
Stories
1
APN
6106-003-004
Zoning
GAC3
Assessed value
$935,000
Annual tax
$11,869
3
Income approach: direct capitalization
Partial preview
Income approach indication
$625k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$680k
@ 6.5% CAP return
$625k
@ 7% CAP return
$580k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$11,869
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$960k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.1 mi away · 3,072 SF
10.8 mi away · 3,531 SF
11.0 mi away · 3,720 SF
11.1 mi away · 3,770 SF
11.1 mi away · 3,600 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.08M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 97 sales
$281
+22%
County 1878 sales
$294
+17%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $344/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+62%
vs current-use indication
Office Building
Commercial (general)
Warehouse, Storage · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
3.80%
Selected cap rate for this warehouses
Derived from the Gardena market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.80%
9.0%
NOI (est.)
$44k *
Last sale · Aug 2023
$935k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.16M
Move the market yield to see immediate price impact.
Value / SF
$372
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.30%3.80%4.30%
$40k
$1.21M
$1.05M
$926k
$44k
$1.34M
$1.16M
$1.03M
$49k
$1.47M
$1.28M
$1.13M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$1.15M
2.3 mi · Sep 2025 · $298/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,869
Tax year 2024
Assessed value
$935,000
Assessed 2024
Previous assessed
$935,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$535,000
Assessed improvement
$400,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1906
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
2
Bathrooms
1
Total area
3,128 SF
Lot
0.15 ac (6,490 SF)
Zoning code
GAC3
APN
6106-003-004
UPID
US09-9829762
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAC3 · Gardena, CAZoning GAC3 · permitted uses
GAC3 · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1906
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
2
Bathrooms
1
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GAC3
Jurisdiction
Gardena, CA
Recorded code
GAC3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GAC3 in Gardena, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
