Gardena Industrial Property For
400 W Alondra Blvd, Gardena, CA 90248
For Sale
$4,600,000
19,292 SF industrial property in Gardena, California.
Property Size19,292 SF
Lot Size0.81 Acres
Price / SF$238.44
Days on Market246
Property Features for 400 W Alondra Blvd
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Century 21 King
Listed By:
Juan Valdez · License CA #01993324
(559) 480-0531
Source:
Elliman
Added: Mar 10
Changed: Aug 17
Last Checked: Aug 14 at 6:03AM
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 Century 21 King
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Investment Insights
Based on property information with market context.
Located at 400 West Alondra Boulevard in Gardena, California, this industrial property offers approximately 19,292 square feet of space. Constructed in 1966, the property is situated on a 0.81-acre lot. It is zoned for light manufacturing, making it suitable for small equipment manufacturing, machine shops, automotive services, or mixed-use purposes. The building's design provides ample room for operations and storage, supporting a range of industrial activities. Its strategic location provides easy access to major transportation routes, enhancing logistical efficiency. This property presents a valuable opportunity for businesses seeking a well-equipped and conveniently located facility in the Gardena area.
Key Highlights
- 19,292 sq ft industrial space suitable for various operations.
- Zoned for light manufacturing, ideal for diverse businesses (small equipment manufacturing, machine shops, automotive services, or mixed use).
- Strategic location with easy access to major transportation routes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$225,448
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,508,960
$4.5M
Cap Rate 7%
$3,220,686
$3.2M
Cap Rate 9%
$2,504,978
$2.5M
Market Conditions
NOI Build-Up for 19,292 SF
Gross rent
$342.6K $17.76/SF
− Vacancy
−$20.6K −$1.07/SF
EGI
$322.1K $16.69/SF
− OpEx
−$96.6K −$5.01/SF
NOI
$225.4K $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 Rate 5%
$4,508,960
Cap Rate 7%
$3,220,686
Cap Rate 9%
$2,504,978
Alternative Uses
Best Use
Industrial
$3.22M
$2.82M – $3.76M
NOI $225,448 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.33M
$9.04M – $12.05M
NOI $723,020 @ 7.0% cap · market cap 15.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
935
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
$646,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Manufacturing properties in Los Angeles County, CA
Properties on Market for Manufacturing properties in Los Angeles County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - 19,292 SF industrial property in Gardena, California.
Where is this manufacturing property located?
The property is located at 400 W Alondra Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 19,292 sq ft industrial space suitable for various operations.; Zoned for light manufacturing, ideal for diverse businesses (small equipment manufacturing, machine shops, automotive services, or mixed use).; Strategic location with easy access to major transportation routes.
