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Light Manufacturing Property
For Sale
$4,399,999

400 W Alondra Boulevard, Gardena, CA 90248

Commercial Sale, Gardena, CA

Property Size19,292 SF
Lot Size0.81 Acres
Price / SF$228.07
Days on Market682

Property Features for 400 W Alondra Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Directions The property is located in the City of Gardena and has close access to the I-91, I-110, and I-405 freeways.
Subdivision 120 - South Gardena
Standard status Active
APN 6125018006
Lot size 0.81 Acres

Building Details

Year built 1966
Listing Agency: CENTURY 21 MASTERS · Century 21 Real Estate
Listed By: Juan Valdez · License #01993324
Added: Dec 2, 2024 Changed: Oct 10 Last Checked: Oct 15 at 11:06AM
MLS# CV24243852

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This manufacturing property includes approximately 19,292 square feet within a facility constructed in 1966. The building is configured for industrial operations and storage, with a use profile that accommodates small equipment manufacturing, machine-shop work, automotive services, and mixed-use activity. The property occupies a 0.81-acre lot and is zoned for light manufacturing.

Located at 400 W Alondra Boulevard in Gardena, California, the facility offers an established industrial setting in Los Angeles County. Its position provides access to major transportation routes, supporting movement of materials and finished goods. The combination of building area, lot size, industrial zoning, and adaptable operational layout supports a range of manufacturing-oriented uses.

Key Highlights

  • Approximately 19,292 square feet of industrial facility space
  • 0.81‑acre lot in Gardena, California
  • Zoned for light manufacturing

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$225,448
Cap Rate
5.12%
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 (±1% cap)
NOI $225,448 @ 7.0% cap · market cap 5.12%
Second Best
Flex RnD
$2.46M
$2.15M – $2.87M (±1% cap)
NOI $172,227 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$10.33M
$9.04M – $12.05M (±1% cap)
NOI $723,020 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Dae Won Food ... Grocery & Convenience Store Pacific Tire Services (Bike/Boat/Book/etc) Store Izzy Performance Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Nail Salon Hair Salon

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

Location Intelligence

Trade Area within ½ mile

935
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Industrial facility with manufacturing zoning and space for equipment production, machine-shop, automotive, or mixed-use operations.
Where is this manufacturing property located?
The property is located at 400 W Alondra Boulevard Gardena, CA.
What is the asking price?
The asking price for this property is $4,399,999.
What are key features of this property?
This property features: Approximately 19,292 square feet of industrial facility space; 0.81‑acre lot in Gardena, California; Zoned for light manufacturing
More about this property
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