Turnkey Industrial Property For
For Sale
Contact for pricing
225 E Redondo Beach Blvd, Gardena, CA 90248
Upgraded industrial property with M2 zoning, ready for various applications.
Property Size2,025 SF
Price / SF$293.83
Days on Market175
Property Features for 225 E Redondo Beach Blvd
General Information
Standard status
Active
Size
2,025 SF
Class
C
Property subtype
Industrial
Zoning
M2
Building Details
Year Built
1963
Year Renovated
2020
Buildings
1
Stories
1
Listing Agency:
Santa Maria -Pacifica Commercial Realty
Listed By:
Mike Kelly · License #CA 01800988
Source:
Crexi
Added: Mar 10
Changed: Aug 21
Last Checked: Aug 31 at 3:28AM
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 Santa Maria -Pacifica Commercial Realty
Investment Insights
Based on property information with market context.
This turnkey industrial property is located in unincorporated LA County, situated between Gardena and Compton. The property has undergone numerous upgrades under current ownership. Renovations completed in 2020 include the office and bathrooms, along with the installation of new LED lighting throughout the building. Truck ramps have been constructed to be configurable for vehicle entry and easy removal for storage. Security gates were added to the front bay door and front entry door in September 2023. A new heavy-duty slatted roll-up door was installed in October 2024, and the back door was serviced with new rollers, pulleys, and cables at the same time. A Ring monitored camera and alarm system are currently active. The property is plumbed for air and features a permitted spray booth. The building is equipped with multiple 220V circuits. The M2 Heavy Manufacturing zoning allows for numerous business applications. The building features an approximate 11-foot clear height ceiling. The rear yard provides additional storage or working space. The property size is 2025 square feet.
Key Highlights
- M2 Heavy Manufacturing zoning allows for numerous business applications.
- Turnkey industrial property with numerous upgrades.
- Permitted spray booth with copies of permits in hand.
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
$23,664
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
3.98%
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%
$473,280
$473.3K
Cap Rate 7%
$338,057
$338.1K
Cap Rate 9%
$262,933
$262.9K
Market Conditions
NOI Build-Up for 2,025 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
$36.0K $17.76/SF
− Vacancy
−$2.2K −$1.07/SF
EGI
$33.8K $16.69/SF
− OpEx
−$10.1K −$5.01/SF
NOI
$23.7K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
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%
$473,280
Cap Rate 7%
$338,057
Cap Rate 9%
$262,933
Alternative Uses
Best Use
Industrial
$338.1K
$295.8K – $394.4K
NOI $23,664 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.7K – $1.26M
NOI $75,892 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,144
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Upgraded industrial property with M2 zoning, ready for various applications.
Where is this industrial property located?
The property is located at 225 E Redondo Beach Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: M2 Heavy Manufacturing zoning allows for numerous business applications.; Turnkey industrial property with numerous upgrades.; Permitted spray booth with copies of permits in hand.
