16820 Western Ave Gardena, CA 90247
- Warehouses
- 3,128 SF
- 0.15 lot acres
Current Use by Public Records
- Gardena Auto Repair / Auto Repair Shop
Property Details for 16820 Western Ave
- Year built
- 1906
- Lot size
- 0.15 lot acres
- Property size
- 3,128 SF
- Zone code
- GAC3
- Property type
- Warehouses
- APN
- 6106-003-004
- APU
- 6106003004
Description
This exceptional commercial property at 16820 Western Avenue in Gardena, California, presents a unique investment opportunity. The property encompasses a total of 3,128 square feet situated on a 0.15-acre lot (6,490 square feet). The main building, totaling 1,129 square feet, functions as a lobby and office space, complete with two bedrooms and one and one-quarter bathrooms. This area is ideal for administrative functions or client interaction. The rear building, a 2,000 square-foot warehouse, is currently configured as an auto repair shop, equipped with four vehicle lifts, an air compressor, and a dedicated tire mounting and balancing area. A washer/dryer hookup is also available. The property's zoning is designated as GAC3. The high-traffic location on Western Avenue in the heart of Gardena makes this property exceptionally attractive for a variety of commercial uses. Potential uses include, but are not limited to, warehouse space, auto repair, auto body work, or office space. Prospective buyers should verify permitted uses with the City of Gardena. This property is perfect for investors or entrepreneurs seeking a versatile and well-equipped commercial space in a desirable location. The asking price is $1,189,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,075,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $950,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $950,000
- Geo Method
- $990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $945,000
- Retail
- $1,110,000
- Mixed-Use
- $1,015,000
- Hospitality
- $905,000
- Educational
- $1,100,000
- Residential Income
- $1,050,000
- Energy
- $905,000
- Income-Based Land
- $1,065,000
- Food Service
- $945,000
Location Insight
- Map
- Local Demand
- City
- Gardena
- County
- Los Angeles
- State
- California
- Longitude
- -118.309
- Latitude
- 33.8786
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA