18515 Western Ave, Gardena, CA 90248-3830
- Community centers
- 17,509 SF
- 1.26 lot acres
Current Use by Public Records
- Kansha Creamery / Grocery & Convenience Store / Specialty Food Shop
Property Details for 18515 Western Ave
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 1.26 lot acres
- Zone code
- GACC-GEN
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 4096-020-061
- APU
- 4096020061
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 16, 2022 | $10,300,000 | Hikari Power Z Co Ltd | Meldia Development LLC | Grant Deed | — |
| May 18, 2022 | — | Meldia Investment Realty Of America | Sanei Architecture Planning Co Ltd | Grant Deed | — |
| Jul 25, 2017 | — | Sanei Architecture Planning Co Ltd | — | Deed · related | $4.4M · Manufacturers Bank |
| May 9, 2017 | $8,407,000 | Sanei Architecture Planning Co | Kaji B T & F M 1982 Trust | Grant Deed | — |
| May 24, 2016 | — | Kaji,b T & F M 1982 Trust | — | Deed · related | $500k · Miscellaneous Ins Co |
| Sep 14, 1999 | — | Kaji,bruce T & Frances M Trustee | Kaji,b T & F M | Quit Claim Deed · related | — |
| Feb 8, 1990 | $1,677,000 | Bruce T Kaji | Unknown | Grant Deed | — |
| — | — | Kaji,bruce T & F M 1982 Trust | — | Deed Of Trust · related | $3.3M · Miscellaneous Ins Co |
| — | — | Kaji,b T & F M 1982 Trust | — | Loan Modification · related | $500k · Miscellaneous Ins Co |
| — | — | Kaji,tr | — | Deed Of Trust · related | $1M · Stancorp Mortgage Investors |
| — | — | Bruce T Kaji | — | Deed Of Trust · related | $780k · Union Bank Of California |
| — | — | Kaji Trust | — | Deed Of Trust · related | $2.1M · Stancorp Mortgage Inv LLC |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,900,000
- ML approach
- $10,125,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $10,655,000 Current use
- RESTAURANT
- $11,400,000 Change: +7% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $11,300,000 Change: +6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Gardena
- County
- Los Angeles
- State
- California
- Longitude
- -118.31
- Latitude
- 33.8625
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
