705 El Segundo BlvdGardena, CA 90247

  • Retail properties
  • 1,608 SF
For Sale
$1,750,000 View listing

Property Details for 705 El Segundo Blvd

Year built
1966
Lot size
0.43 AC
Property size (Sq ft)
1,608 SF
Zone code
LAR3
Property type
Retail properties
Property subtype
Other automotive properties
APN
6117-019-028
APU
6117019028

Description

This exceptional 8,125-square-foot warehouse space, part of a larger 53,125-square-foot multi-tenant industrial building, presents a fantastic opportunity for businesses seeking efficient and functional space. Located at 4307-4325 W Van Buren St, this Class C property sits on a generous 1.69-acre lot and boasts a range of desirable features. Built in 1979, the building offers a 20-foot ceiling height, providing ample vertical storage capacity. The unit includes a convenient 10' x 12' grade-level door and one dedicated dock door for easy loading and unloading. Power is robust, with 200-400 amps/240 volts, 3-phase service available. The space also features HVAC in the office area and evaporative cooling in the warehouse. The property is zoned A-1, offering flexibility for various industrial uses. The asking rate is $1.15 per square foot on a modified gross lease. This well-maintained warehouse is ready for immediate occupancy and offers a strategic location for businesses seeking efficient operations and convenient access. Don't miss this chance to secure this prime warehouse space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $684,875
    6.5%
    $632,193
    7%
    $587,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $770,559
    Geo Method
    $770,559
  • Alternative Use

    Use
    Valuation
    Residential
    $533,278
    Hospitality
    $488,480
    Educational
    $406,410
    Medical
    $420,387
    Retail
    $632,193
705 El Segundo Blvd, Gardena, California
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Location Insight

City
Gardena
County
Los Angeles
State
California
Latitude
33.9168
Longitude
-118.287
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,141
$785,778
$34,154
$819,932
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