Gardena Industrial Property For
For Sale
$4,600,000
400 W Alondra Blvd, Gardena, CA 90248
19,292 SF industrial property in Gardena, California.
Property Size19,292 SF
Lot Size0.81 Acres
Price / SF$238.44
Days on Market153
Property Features for 400 W Alondra Blvd
General Information
Standard status
Active
Size
19,292 SF
Lot size
0.81 Acres
Property subtype
Industrial
Building Details
Building Size
19,292 SF
Year Built
1966
Listing Agency:
CENTURY 21 Masters
(559) 480-0531
Listed By:
Juan Valdez · License #01993324
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 6:21AM
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 CENTURY 21 Masters
Investment Insights
Based on property information with market context.
Located at 400 West Alondra Boulevard in Gardena, California, this industrial property offers approximately 19,292 square feet of space. Constructed in 1966, the property is situated on a 0.81-acre lot. It is zoned for light manufacturing, making it suitable for small equipment manufacturing, machine shops, automotive services, or mixed-use purposes. The building's design provides ample room for operations and storage, supporting a range of industrial activities. Its strategic location provides easy access to major transportation routes, enhancing logistical efficiency. This property presents a valuable opportunity for businesses seeking a well-equipped and conveniently located facility in the Gardena area.
Key Highlights
- 19,292 sq ft industrial space suitable for various operations.
- Zoned for light manufacturing, ideal for diverse businesses (small equipment manufacturing, machine shops, automotive services, or mixed use).
- Strategic location with easy access to major transportation routes.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$225,448
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,508,960
$4.5M
Cap Rate 7%
$3,220,686
$3.2M
Cap Rate 9%
$2,504,978
$2.5M
Market Conditions
NOI Build-Up for 19,292 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$342.6K $17.76/SF
− Vacancy
−$20.6K −$1.07/SF
EGI
$322.1K $16.69/SF
− OpEx
−$96.6K −$5.01/SF
NOI
$225.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,508,960
Cap Rate 7%
$3,220,686
Cap Rate 9%
$2,504,978
Alternative Uses
Best Use
Retail
$6.10M
$5.34M – $7.11M
NOI $426,828 @ 7.0% cap · market cap 9.28%
Second Best
Industrial
$3.22M
$2.82M – $3.76M
NOI $225,448 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$10.33M
$9.04M – $12.05M
NOI $723,020 @ 7.0% cap · market cap 15.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,587
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 19,292 SF industrial property in Gardena, California.
Where is this manufacturing property located?
The property is located at 400 W Alondra Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 19,292 sq ft industrial space suitable for various operations.; Zoned for light manufacturing, ideal for diverse businesses (small equipment manufacturing, machine shops, automotive services, or mixed use).; Strategic location with easy access to major transportation routes.
