Owner-User Office
For Sale
Contact for pricing
15721 S Western Ave, Gardena, CA 90247
Whole building is available, with the second and third floors ready for immediate occupancy.
Property Size5,916 SF
Days on Market126
Property Features for 15721 S Western Ave
General Information
Standard status
Active
Size
5,916 SF
Property subtype
Office
Building Details
Building Size
5,916 SF
Year Built
1987
Properties For Sale
at 15721 S Western Ave
Available Space
Size
2,958 SF
Lease Type
MG
Please verify all information herein as Broker does not warrant its accuracy.
Contact us
Listing Agency:
Daum Commercial
Listed By:
Sean Kim · License #CA 02030559
(213) 270-2224
Source:
Daumcommercial
Added: Jun 17
Changed: Oct 10
Last Checked: Oct 20 at 5:04PM
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 Daum Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This owner-user office opportunity offers the entire building for sale, with the second and third floors available for immediate occupancy. The offering is designed for tenants or buyers who want control of the full building and the flexibility of occupying the upper levels without waiting.
The property is located at 15721 S Western Ave in Gardena, CA 90247. Please verify all information herein as the broker does not warrant its accuracy.
The property is located at 15721 S Western Ave in Gardena, CA 90247. Please verify all information herein as the broker does not warrant its accuracy.
Key Highlights
- Entire office building available for sale
- Second and third floors available for immediate occupancy
- Built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,369,120
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,382,400
$1,027.4M
Cap Rate 7%
$733,844,571
$733.8M
Cap Rate 9%
$570,768,000
$570.8M
Market Conditions
NOI Build-Up for 2,350,000 SF
Gross rent
$90.24M $38.40/SF
− Vacancy
−$21.75M −$9.25/SF
EGI
$68.49M $29.15/SF
− OpEx
−$17.12M −$7.29/SF
NOI
$51.37M $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,382,400
Cap Rate 7%
$733,844,571
Cap Rate 9%
$570,768,000
Alternative Uses
Best Use
Office B
$733.84M
$642.11M – $856.15M
NOI $51,369,120 @ 7.0% cap · market cap 5,136,912,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1,258.18M
$1,100.91M – $1,467.88M
NOI $88,072,661 @ 7.0% cap · market cap 8,807,266,100.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,711
Businesses Nearby
Explore this area
Business Placement
Demographics for 90247, CA
48,543
Population
17,076
Households
2.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
12,774
Density / Sq Mi
$73,851
Median Household Income
$37,000
Median Earnings
$1,751
Median Rent
$640,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Whole building is available, with the second and third floors ready for immediate occupancy.
Where is this office building located?
The property is located at 15721 S Western Ave Gardena, CA.
What are key features of this property?
This property features: Entire office building available for sale; Second and third floors available for immediate occupancy; Built in 1987
