Warehouse on
1401 W 178th, Gardena, CA 90248
For Sale
$14,000,000
An existing warehouse occupies a commercial site with potential for continued operations or future planning.
Property Size50,650 SF
Lot Size2.50 Acres
Price / SF$276.41
Days on Market81
Property Features for 1401 W 178th
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Land Use
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Henry Wallace
Listed By:
Henry Wallace · License CA #01729574
(310) 940-4624
Source:
Laroccarealestate
Added: Aug 21
Changed: Nov 8
Last Checked: Nov 9 at 7:29PM
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 Henry Wallace
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Investment Insights
Based on property information with market context.
The property combines an existing warehouse facility with an approximately 2.5-acre site in Gardena. Built in 1954, the warehouse can remain in commercial use while plans for the property are evaluated.
The property is in the South Bay, with access to major freeways and nearby shopping, schools, employment centers, and surrounding communities. Ownership may consider a leaseback arrangement. Any future development would depend on zoning, density, entitlements, and other applicable requirements, which should be verified with the City of Gardena.
The property is in the South Bay, with access to major freeways and nearby shopping, schools, employment centers, and surrounding communities. Ownership may consider a leaseback arrangement. Any future development would depend on zoning, density, entitlements, and other applicable requirements, which should be verified with the City of Gardena.
Key Highlights
- Approximately 2.5‑acre commercial site
- Existing warehouse facility built in 1954
- Continued commercial use is possible while future plans are assessed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$659,055
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,181,100
$13.2M
Cap Rate 7%
$9,415,071
$9.4M
Cap Rate 9%
$7,322,833
$7.3M
Market Conditions
NOI Build-Up for 50,650 SF
Gross rent
$814.5K $16.08/SF
− Vacancy
−$39.1K −$0.77/SF
EGI
$775.4K $15.31/SF
− OpEx
−$116.3K −$2.30/SF
NOI
$659.1K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,181,100
Cap Rate 7%
$9,415,071
Cap Rate 9%
$7,322,833
Alternative Uses
Best Use
Warehouse
$9.42M
$8.24M – $10.98M
NOI $659,055 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$27.12M
$23.73M – $31.64M
NOI $1,898,247 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Under-served
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Gardena
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - An existing warehouse occupies a commercial site with potential for continued operations or future planning.
Where is this warehouse located?
The property is located at 1401 W 178th Gardena, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Approximately 2.5‑acre commercial site; Existing warehouse facility built in 1954; Continued commercial use is possible while future plans are assessed
