16407 Normandie AveGardena, CA 90247

  • Land
  • 0.29 AC
For Sale
$1,775,000 View listing

Property Details for 16407 Normandie Ave

Lot size
0.29 AC
Zone code
GAC3
Property type
Land
Property subtype
Commercial land
APN
6105-019-053
APU
6105019053

Description

This exceptional 4,168 square foot retail building, constructed in 2023, is ideally situated on a 0.29-acre lot at the hard corner of Normandie and Gardena Avenues in Gardena, California. Benefitting from high visibility and significant daily traffic of 23,000 cars, this property presents a lucrative opportunity for owner-users or investors. The building features ample parking with 19 spaces and robust 800-amp electrical service, making it suitable for a variety of uses including medical, retail, and office. The flexible floor plan comprises three 800 square foot suites and one 1600 square foot unit, allowing for customization to meet diverse tenant needs. Units can be combined to accommodate larger businesses. The property's prime location and modern construction combine to create a highly desirable investment opportunity. The seller is open to carrying a portion of the financing, making this an even more attractive proposition. This exceptional property is priced at $1,725,000 and is also available for lease.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,624,548
    Hospitality
    $6,984,046
    Educational
    $5,810,644
    Medical
    $6,010,480
    Retail
    $9,038,779

Location Insight

City
Gardena
County
Los Angeles
State
California
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
$7,697
$637,230
-
$637,230
-
-
-
-

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