Owner-User Office
For Sale
Contact for pricing
15721 S Western Ave, Gardena, CA 90247
Entire office building available for sale, with the second and third floors ready for occupancy.
Property Size5,916 SF
Price / SF$387.93
Days on Market82
Property Features for 15721 S Western Ave
General Information
Standard status
Active
Size
5,916 SF
Property subtype
OFFICE
Listing Agency:
Daum Commercial
(213) 999-4341
Listed By:
Sean Kim · License #02030559
(213) 999-4341
Source:
Moodyscre
Added: Jun 10
Changed: Aug 27
Last Checked: Aug 29 at 10:42AM
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
Investment Insights
Based on property information with market context.
This owner-user office opportunity offers the entire building available for sale. The second and third floors are immediately available for occupancy, supporting quick move-in for an owner-operator or existing team that needs space without a lengthy timeline.
The building totals 5,916 square feet, providing a compact footprint for office uses. The property is located at 15721 S Western Ave in Gardena, California 90247.
With the upper floors ready, prospective tenants and buyers can plan around an in-place layout and focus on fitting the space to their operational needs.
The building totals 5,916 square feet, providing a compact footprint for office uses. The property is located at 15721 S Western Ave in Gardena, California 90247.
With the upper floors ready, prospective tenants and buyers can plan around an in-place layout and focus on fitting the space to their operational needs.
Key Highlights
- Entire office building available for sale
- Second and third floors immediately available for occupancy
- 5,916 SF office building
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
$129,319
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
5.63%
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%
$2,586,380
$2.6M
Cap Rate 7%
$1,847,414
$1.8M
Cap Rate 9%
$1,436,878
$1.4M
Market Conditions
NOI Build-Up for 5,916 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
$227.2K $38.40/SF
− Vacancy
−$54.7K −$9.25/SF
EGI
$172.4K $29.15/SF
− OpEx
−$43.1K −$7.29/SF
NOI
$129.3K $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 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%
$2,586,380
Cap Rate 7%
$1,847,414
Cap Rate 9%
$1,436,878
Alternative Uses
Best Use
Office B
$1.85M
$1.62M – $2.16M
NOI $129,319 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.17M
$2.77M – $3.70M
NOI $221,718 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Entire office building available for sale, with the second and third floors ready for occupancy.
Where is this office building located?
The property is located at 15721 S Western Ave Gardena, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Entire office building available for sale; Second and third floors immediately available for occupancy; 5,916 SF office building
