15000 BroadwayGardena, CA 90248

Property Details for 15000 Broadway

Year built

1963

Construction

TILT-UP CONCRETE

Lot size

1.75 AC

Property size (Sq ft)

41,815 SF

Zone code

LCM2*

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

6129-008-043

APU

6129008043

Description

This exceptional 44,066-square-foot industrial warehouse in Gardena, California, presents a rare owner-user opportunity. Located on a 1.75-acre lot in the heart of the South Bay Industrial Market, this Class B building boasts 7 loading docks and 4 dock-high doors, with an 18-foot ceiling height. Currently 100% occupied with a lease expiring March 1, 2025, this single-tenant property offers significant lease-saving potential for an owner-occupier, providing protection against future rent increases. The property's strategic location, approximately 10 miles from the Ports of Los Angeles and Long Beach, offers unparalleled access to major transportation arteries, including the I-110 freeway, and is ideally situated for last-mile logistics and e-commerce operations. Built in 1963, this asset benefits from the robust South Bay industrial market, characterized by extremely low vacancy rates (Gardena at 0.2% above 10K SF) and strong historical rent growth. The underlying zoning allows for outdoor truck/trailer storage, subject to site plan review, further enhancing its value and flexibility. This investment offers a compelling combination of location, functionality, and potential for long-term appreciation in a high-demand market. The asking price is $11,850,000, translating to $268.91 per square foot. This is a unique opportunity to acquire a well-positioned industrial asset in one of the nation's strongest industrial markets.

• Alternative Use

  Use

  Valuation

  Residential

  $12,349,576

  Hospitality

  $11,312,145

  Educational

  $9,411,572

  Medical

  $9,735,250

  Retail

  $14,640,223

Location Insight

City

Gardena

County

Los Angeles

State

California

Latitude

33.8953

Longitude

-118.278

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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