16404 S Vermont Ave | Gardena, CA 90247
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- LoopNet Team
16404 S Vermont Ave
Gardena, CA 90247
Retail Property For Sale
Investment Highlights
- Retail storefronts perfect for owner-user or value-add investor - Proforma Cap Rate 7.22% - After Stabilization Costs.
- High Identity Street Frontage – 120 ft. of frontage on S Vermont Ave and over 20,000 cars per day.
- Low Price Per Sq. Ft. $174 psf.
- All tenants currently month-to-month and also holds the potential for a developer to build up to 23 units.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,103 SF
Building Class
C
Year Built
1948
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.78
Lot Size
0.21 AC
Zoning
LAC2-1 - Additional 18,000 SF (20 Units) residential development potential above current building. Total 27,312 SF.
Parking
6 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
120 FT on Vermont
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $469,200 | |
| Land Assessment | $734,400 | Total Assessment | $1,203,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$734,400
Improvements Assessment
$469,200
Total Assessment
$1,203,600
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