1942 W Redondo Beach Blvd, Gardena, CA 90247
Retail building built in 1966 with one existing tenant, positioned among national and residential neighbors.
- Added:
- Jun 13, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 20 at 4:23 am
Property Features for 1942 W Redondo Beach Blvd
General Information
- Standard status
- Active
- Size
- 9,272 SF
- Lot size
- 0.21 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1966
Listing agent Greg Jones License #CA 00661121
Listing office Jones RE Commercial Real Estate
Listing date Jun 13, 2026
Source Crexi
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 Jones RE Commercial Real Estate
HighLights
- Retail building built in 1966
- Approximately 5,008 SF building size
- Approximately 9,272 SF lot size (per County Tax Assessor)
- Currently consists of 1 tenant
- Located among national, regional tenants, apartments, and residential properties
Overview
Located at 1942 W Redondo Beach Blvd in Gardena, CA, the center is surrounded by other national and regional tenants as well as apartments and residential properties, creating a built-in mix of commercial and neighborhood foot traffic.
This asset is suited for an owner-operator or investor seeking a retail building with an in-place tenant. With a straightforward single-tenant arrangement and a site established since the mid-1960s, it may appeal to buyers looking for a manageable ownership profile in a commercial-residential environment. Please note that additional details on tenant terms, lease structure, and operating specifics were not provided.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $313.8k | $33.84 |
| − Vacancy | −$20.7k | −$2.23 |
| EGI | $293.1k | $31.61 |
| − OpEx | −$87.9k | −$9.48 |
| NOI | $205.1k | $22.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gardena
- County
- Los Angeles
- State
- California
- Longitude
- -118.3128231
- Latitude
- 33.8869991
