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Property profile & analytics
OFF-MARKET Estimated value $10,655,000
Community centers

18515 Western Ave Gardena, CA 90248-3830

17,509 SF 1.26 ac lot Built 1985
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-0273757
Property summary
AI-generated overview

Western Plaza, located at 18515 S Western Ave, Gardena, CA 90248, presents a compelling investment opportunity. This single-story, 17,568 square foot office building, built in 1985, sits on a 1.26-acre lot and features 14 individual suites, perfect for multiple tenants. Currently, there are 3 vacant spaces available, ranging from 750 to 908 square feet, offering immediate income potential. The property boasts 90 parking spaces, providing ample convenience for tenants and visitors. The building's location at the high-traffic intersection of Western Avenue and 186th Street ensures excellent visibility and significant signage opportunities. The property's APN is 4096-020-061. The building is a traditional office space with no elevators. This property is ideal for investors seeking a well-located, established office building with potential for immediate lease-up and strong rental income. The existing infrastructure provides a solid foundation for future growth and development. The property's size and layout offer flexibility for a variety of tenants and business types. The high visibility and convenient location make this an attractive option for businesses seeking a prominent presence in the Gardena market.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Construction WOOD
Total area 17,509 SF
Lot 1.26 ac (54,784 SF)
Zoning code GACC-GEN
APN 4096-020-061
UPID US10-0273757
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
  • Kansha Creamery Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.66M
Owner & transaction history
Hikari Power Z Co Ltd · 3 yrs held
Hikari Power Z Co Ltd
since 2022
Last sale
$10.3M
7 recorded transactions
2022
$10.3M
2022
Price N/A
2017
Price N/A
2017
$8.4M
2016
Price N/A
1999
Price N/A
1990
$1.7M
Zoning & alternative use
GACC-GEN · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $11.4M +7.0%
Auto repair, garage $11.3M +6.0%
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