1312-1336 W Rosecrans Ave | Gardena, CA 90247
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- LoopNet Team
1312-1336 W Rosecrans Ave
Gardena, CA 90247
Normandie Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Value-Add with Strong Scheduled Increases
- Excellent long term equity placement with 2.7x equity multiple projected over a 10 year hold
- High Traffic | Signalized intersection of Rosecrans Ave. and Normandie Ave. (approx. 60,000 VPD) | Less than ¾ mile west of I-10
- Almost all of the tenants have scheduled annual rental increases ranging from 2-4%
- 3%+ Compounded Annual Growth Rate (CAGR) allowing for a strong inflation hedge
- Infill Los Angeles Site with Mixed-Use | Zoning at a 65’ Height Limit | Long term redevelopment option
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
17,702 SF
Building Class
C
Year Built
1964
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.57 AC
Zoning
C3 - General Commercial with Mixed-Use Overlay
Parking
81 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 6114-001-012 | Improvements Assessment | $982,386 |
| Land Assessment | $849,852 | Total Assessment | $1,832,238 |
PROPERTY TAXES
Parcel Number
6114-001-012
Land Assessment
$849,852
Improvements Assessment
$982,386
Total Assessment
$1,832,238
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