Property profile & analytics
123 Compton Blvd Gardena, CA 90248-1825
- Manufacturing properties
- 22,990 SF
- 0.91 lot acres
OFF-MARKET
Last Sale
Nov 03, 2024
Nov 03, 2024
$5,400,000
Value Estimations
$4,750,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-8804185
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- eps america | Head Office & Warehouse / Rental Equipment Company / Tech Support Center
Property Details for 123 Compton Blvd
- Year built
- 1972
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.91 lot acres
- Property size
- 22,990 SF
- Zone code
- LCM2*
- Property type
- Manufacturing properties
- APN
- 6129-008-039
- APU
- 6129008039
Description
This exceptional 22,930-square-foot flex industrial building presents a rare opportunity in the highly sought-after Gardena market. Situated on a 0.91-acre lot, this single-story, 1972-built property boasts a 100% occupancy rate with a lease expiring March 1, 2025. The building features five loading docks and two dock-high doors, complemented by a generous 20-foot ceiling height. Its 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 proximity to I-405, I-105, and SR-91, as well as LAX and Long Beach Airports. This prime location within the robust South Bay Industrial Market, characterized by extremely low vacancy rates (0.2% in Gardena), provides significant long-term investment potential. The property's zoning allows for outdoor truck/trailer storage, subject to site plan review, and is not located within a Green Zone. This owner-user investment offers substantial lease-saving advantages, protecting against future rental increases and fostering after-tax equity growth. The asking price is $6,625,000, translating to $288.92 per square foot. This presents a unique chance to acquire a well-positioned industrial asset in one of the nation's strongest industrial markets.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,480,000
- 6.5%
- $4,135,000
- 7%
- $3,840,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,060,000
Market price range: $4.06M - $8.72M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $6,165,000 Current use
- COMMERCIAL (GENERAL)
- $7,345,000 Change: +19% Conversion: Difficult
- RETAIL STORES
- $6,750,000 Change: +9% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Gardena
- County
- Los Angeles
- State
- California
- Longitude
- -118.277
- Latitude
- 33.8953
- 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
$21,291
$793,184
$541,559
$1,334,743
-
$0.00
$0.00
$0.00
