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Freestanding Warehouse with Office Space

1744 W 166th St, Gardena, CA 90247

For Sale
New
$2,890,000

A month-to-month warehouse tenant occupies a facility with office areas on both the ground and second floors.

Property Size13,450 SF
Lot Size0.34 Acres
Price / SF$214.87
Days on Market4

Property Features for 1744 W 166th St

General Information

Standard status Active
Size 13,450 SF
Lot size 0.34 Acres
Property subtype Industrial

Site & Location

Neighborhood Moneta
Fenced Yard Yes

Warehouse & Industrial

Clear Height 20 ft
Drive-In Doors 3
Power 600 amps
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Tenant in Place Yes
Property Use Warehouse

Building Details

Building Size 13,450 SF
Year Built 1950
Buildings 1
Listing Agency: Lee & Associates
Listed By: Ron Mgrublian · License #CalDRE #01902882
Source: Lee-associates
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 4:18AM

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 Lee & Associates

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 13,450-square-foot freestanding industrial building sits on a 0.34-acre corner lot in Gardena. Warehouse space is supported by office improvements on the ground and second floors. The building has a new roof, fire sprinklers, 600-amp three-phase power, and clear height of up to 20 feet. Three ground-level loading positions serve the facility, alongside a fenced, paved yard.

A warehouse tenant currently occupies the property on a month-to-month basis. The address is 1744 W 166th St, Gardena, California. Built in 1950, the property combines warehouse operations, two-level office space, loading access, and outdoor yard area in one freestanding building.

Key Highlights

  • 13,450‑square‑foot industrial building on a 0.34‑acre corner lot
  • Warehouse tenant in place on a month‑to‑month basis
  • Ground- and second‑floor office improvements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$175,011
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,500,220 $3.5M
Cap Rate 7%
$2,500,157 $2.5M
Cap Rate 9%
$1,944,567 $1.9M
Market Conditions
NOI Build-Up for 13,450 SF
Gross rent
$216.3K $16.08/SF
− Vacancy
−$10.4K −$0.77/SF
EGI
$205.9K $15.31/SF
− OpEx
−$30.9K −$2.30/SF
NOI
$175.0K $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%
$3,500,220
Cap Rate 7%
$2,500,157
Cap Rate 9%
$1,944,567

Alternative Uses

Best Use
Warehouse
$2.50M
$2.19M – $2.92M (±1% cap)
NOI $175,011 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.20M
$6.30M – $8.40M (±1% cap)
NOI $504,075 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

INLIGHT International (Bike/Boat/Book/etc) Store Trans Pacific Forwarding ... Freight Service

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
3
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,348
Businesses Nearby
Under-served
Demand for This Use

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

Properties on Market for Warehouses in Gardena

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • 888-Storage — Torrance, CA 90248
  • Extra Space Storage — 17575 S Western Ave, Gardena, CA 90248
  • Titan Moving Service — 1326 W 163rd St, Gardena, CA 90247
  • AALC moving services — 1326 w 163rd st, gardena, ca 90247
  • Near Perfect Self Storage Units — 2312 W Redondo Beach Blvd, Torrance, CA 90504

Frequently Asked Questions

What type of property is this?
Warehouse - A month-to-month warehouse tenant occupies a facility with office areas on both the ground and second floors.
Where is this warehouse located?
The property is located at 1744 W 166th St Gardena, CA.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: 13,450‑square‑foot industrial building on a 0.34‑acre corner lot; Warehouse tenant in place on a month‑to‑month basis; Ground- and second‑floor office improvements
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