777 190th St Gardena, CA 90248-4234
- Manufacturing properties
- 25,131 SF
- 12.11 lot acres
Current Use by Public Records
- AutoNation Auto Auction Los Angeles / Car Dealership
Property Details for 777 190th St
- Year built
- 1956
- Lot size
- 12.11 lot acres
- Property size
- 25,131 SF
- Zone code
- LAM2
- Property type
- Manufacturing properties
- APN
- 6121-021-011
- APU
- 6121021011
Description
This exceptional 10.5-acre commercial property located at 777 W. 190th Street in Gardena, California, presents a unique investment opportunity. The property boasts a substantial 457,380 square feet of vacant land, zoned M2, offering significant development potential. Its single-tenant configuration allows for flexibility in design and use. The expansive lot size provides ample space for a large-scale retail development or a variety of other commercial ventures. Situated in Los Angeles County, with a convenient Gardena address and zip code 90248, this location benefits from excellent accessibility and visibility. The M2 zoning allows for a wide range of uses, making it an attractive proposition for developers seeking a prime location in a thriving market. The property's size and zoning regulations provide considerable flexibility for future development plans. This is a rare opportunity to acquire a significant parcel of land in a desirable location with high potential for return on investment. The property is completely vacant, offering a blank canvas for a new development. All 457,380 square feet are available for immediate development. This presents a unique chance to build a project tailored to specific needs and market demands. The property's location in Gardena, CA offers access to a strong local economy and a large consumer base.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,895,000
- 6.5%
- $4,520,000
- 7%
- $4,195,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,115,000
Market price range: $780k - $3.12M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $6,740,000 Current use
- RETAIL STORES
- $7,375,000 Change: +9% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Gardena
- County
- Los Angeles
- State
- California
- Longitude
- -118.287
- Latitude
- 33.8615
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA