Four-Unit Corner Retail
830 W Gardena Boulevard, Gardena, CA 90247
For Sale
$1,730,000
Fully occupied C2 property with rear parking and street-facing exposure across its retail units.
Property Size7,000 SF
Price / SF$247.14
Days on Market638
Property Features for 830 W Gardena Boulevard
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Corner Location
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Rodeo Realty
(818) 825-6673
Listed By:
Alen Zaman · License #01988669
Source:
Canadaygroup
Added: Feb 10, 2025
Changed: Nov 8
Last Checked: Nov 8 at 5:56PM
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 Rodeo Realty
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 single-story retail property occupies a corner parcel and contains four units within 7,000 square feet. The building dates to 1924, and all four spaces are occupied by a toy store, laundromat, barbershop, and water store. Two tenants have NNN leases. High ceilings serve the units, and tenants have remodeled some spaces.
The property is zoned C2 and sits on a lot exceeding 12,000 square feet. More than 15 parking spaces are located behind the building. Its location is near the 405 and 110 freeways, Downtown LA, LAX, restaurants, and SoFi Stadium.
The property is zoned C2 and sits on a lot exceeding 12,000 square feet. More than 15 parking spaces are located behind the building. Its location is near the 405 and 110 freeways, Downtown LA, LAX, restaurants, and SoFi Stadium.
Key Highlights
- Four occupied retail units in a single‑story corner building
- 7,000‑square‑foot building on a lot exceeding 12,000 square feet
- C2 zoning; two of four tenants pay NNN
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,872
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,097,440
$3.1M
Cap Rate 7%
$2,212,457
$2.2M
Cap Rate 9%
$1,720,800
$1.7M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$236.9K $33.84/SF
− Vacancy
−$15.6K −$2.23/SF
EGI
$221.2K $31.61/SF
− OpEx
−$66.4K −$9.48/SF
NOI
$154.9K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,097,440
Cap Rate 7%
$2,212,457
Cap Rate 9%
$1,720,800
Alternative Uses
Best Use
Retail
$2.21M
$1.94M – $2.58M
NOI $154,872 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.75M
$3.28M – $4.37M
NOI $262,344 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Electronics 7%
7-Eleven
Shops & Services
10,343 visits/mo
0.2 miles
Chevron
Shops & Services
9,200 visits/mo
0.4 miles
Sinclair
Shops & Services
2,625 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
1,764 visits/mo
0.1 miles
Jiffy Lube
Shops & Services
1,285 visits/mo
0.2 miles
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
Market
Properties on Market for Shopping centers in Los Angeles County
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied C2 property with rear parking and street-facing exposure across its retail units.
Where is this shopping center located?
The property is located at 830 W Gardena Boulevard Gardena, CA.
What is the asking price?
The asking price for this property is $1,730,000.
What are key features of this property?
This property features: Four occupied retail units in a single‑story corner building; 7,000‑square‑foot building on a lot exceeding 12,000 square feet; C2 zoning; two of four tenants pay NNN
