New search
Property profile & analytics
FOR LEASE
Warehouses
1248 W 134Th St Gardena, CA 90247
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6430547
For Lease
1 / 3
$21 SF/Yr
1248 W 134Th St, Gardena, CA 90247
View Listing →
Property summary
AI-generated overview
This 1,980-square-foot industrial warehouse in Gardena, CA (90247), is part of a well-maintained multi-unit building. The property is zoned M1 and features a 14-foot ceiling height, one loading dock, and a roll-up overhead warehouse door. There are three total parking spaces available, and the building offers 200A power. The unit includes an office and restroom. This versatile space is suitable for various industrial uses, including manufacturing and potentially food processing (some units are ideal for baking). Its prime location offers easy access to the 110 freeway (several blocks away), making transportation and logistics convenient. The property benefits from security gates for both the office and parking lot, ensuring a secure environment. The building is under excellent management, ensuring a clean and well-maintained property. This is a single available space in a multi-tenant building.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
17,730 SF
Lot
0.7 ac (30,384 SF)
Zoning code
GAM1
APN
6115-004-039
UPID
US09-6430547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alchemy of Baking Bakery Specialty Food Shop
-
Havsies (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Toby Choy · 1 yrs held
Toby Choy
since 2025
1 recorded transaction
Zoning & alternative use
GAM1 · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,116
Tax year 2024
Assessed value
$1,105,198
Assessed 2024
Previous assessed
$1,105,198
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$375,371
Assessed improvement
$729,827
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
8
Total area
17,730 SF
Lot
0.7 ac (30,384 SF)
Zoning code
GAM1
APN
6115-004-039
UPID
US09-6430547
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAM1 · Gardena, CA
Zoning GAM1 · permitted uses
GAM1 · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
8
Lot
0.7 ac
Current owner
From public records · entity-resolved
Toby Choy
Individual
Free & Clear · 1 yrs held
Mailing address
4952 CORSICA DR, CYPRESS, CA 90630-3500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
—
Toby Choy
Lay E Choy
Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
