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    16820 Western Ave Gardena, CA 90247-5218
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    Property profile & analytics

    16820 Western Ave Gardena, CA 90247-5218


    • Warehouses
    • 3,128 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Aug 10, 2023
    $935,009
    Property ID
    US09-9829762
    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.

    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    3.8%
    Warehouses
    Location Intelligence

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,075,000
      ML approach
      $1,045,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $625,000
      7%
      $580,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,296,000
      Market price range: $588k - $1.30M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $880,000
      Current use
      MEDICAL BUILDING
      $1,420,000
      Change: +62% Conversion: Difficult
      OFFICE BUILDING
      $1,000,000
      Change: +14% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,000,000
      Change: +14% Conversion: Difficult
      RETAIL STORES
      $735,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    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

    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
    $11,869
    $535,000
    $400,000
    $935,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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