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Property profile & analytics
OFF-MARKET
Retail space

851 Gardena Blvd Gardena, CA 90247-4964

1,625 SF 0.07 ac lot Built 1922
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8034201
Property summary
AI-generated overview

This exceptional retail property, located at 851-853 W Gardena Blvd in Gardena, California, presents a unique investment opportunity. The 3,875 square foot building, constructed in 1922, sits on a 5,991 square foot lot and is zoned LAC2. Currently configured as a convenience store, grocery store, and restaurant, this versatile space offers significant potential for a variety of uses. The asking price is $1,750,000, translating to $451.61 per square foot. The property boasts five on-site parking spaces, with the possibility of additional parking. Its prime location offers excellent visibility and accessibility, situated near major retailers, ensuring a steady stream of potential customers. This property is ideal for owner-users seeking a profitable business venture or investors looking for a strong income-generating asset with high potential for future growth. The property's history and established presence in the community contribute to its enduring appeal. This is a rare opportunity to acquire a well-positioned retail property in a thriving Gardena market. The property's versatility and strong location make it an attractive investment for both short-term and long-term gains.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1922
Construction TILT-UP CONCRETE
Total area 1,625 SF
Lot 0.07 ac (3,001 SF)
Zoning code LAC2
APN 6120-018-004
UPID US09-8034201
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
  • Young's Market & Restaurant Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kyung Soo Chang · 4 yrs held
Kyung Soo Chang
since 2021
Last sale
$450,004
7 recorded transactions
2021
$450,000
2019
Price N/A
1997
Price N/A
1991
$10,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAC2 · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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