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Property profile

17582 Gothard St California City, CA 93505

OFF-MARKET
Warehouses
7,452 SF Built 1980
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Property summary

AI-generated overview

This exceptional investment opportunity presents two industrial buildings totaling 7,452 square feet situated on a 20,615 square foot lot in California City, CA (zip code 93505). The property, located at 17582 Gothard St, features a desirable Research Technology (RT) zoning. Built in 1980, the buildings boast concrete tilt-up construction, two dock-high doors, and a generous 17-foot ceiling height. Offering 2.5 parking spaces per 1,000 square feet, the property includes ample office space and well-distributed heavy power. The buildings benefit from prominent Gothard Street frontage, grade-level loading, fenced yards, and convenient access to major freeways (405 and 22), airports (John Wayne, Long Beach, and LAX), and the ports of Long Beach and San Pedro. Currently leased under a NNN (triple net) single-tenancy agreement commencing December 14, 2015, and expiring December 13, 2025, the property generates a Net Operating Income (NOI) of $103,632, with an asking price of $3,018,060 ($405 per square foot). The long-term tenant has made substantial capital improvements, increasing the likelihood of lease renewal. This property offers a strong cash flow and significant upside potential due to below-market rents. The buildings can be purchased individually or as a portfolio.

Property profile

Verified
Property type Warehouses
Year built 1980
Total area 7,452 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17582 Gothard St California City, CA 93505
California City metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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