14405 Vermont Ave Gardena, CA 90247

Property Details for 14405 Vermont Ave

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

0.54 lot acres

Property size

15,174 SF

Zone code

GAC3

Property type

Manufacturing properties

APN

6114-032-045

APU

6114032045

Description

This exceptional value-add opportunity presents a 15,174-square-foot vacant industrial building situated on a substantial 23,708-square-foot lot in Gardena, California. The property, located at 14405 S Vermont Ave, 90247, boasts a strategic location near the intersection of Vermont Avenue and Rosecrans Avenue, offering excellent access to major transportation routes. Currently zoned GAC3, the property presents significant potential for various commercial uses or even residential development, subject to due diligence and permitted zoning. The asking price is $1,785,000, translating to an attractive $117.64 per square foot. Built in 1979, the two-story building is currently vacant and requires significant repairs or redevelopment. The substantial lot size, priced at approximately $77 per square foot, presents a compelling opportunity for investors seeking a project with considerable upside. The absence of loading docks and dock-high doors should be considered in any redevelopment plans. Prospective buyers are strongly encouraged to conduct thorough due diligence to ascertain the current legal use allowances for the property. This property represents a rare chance to acquire a large parcel of land in a prime Gardena location at a highly competitive price point.