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2316 Marine Avenue

Gardena, CA 90249
  • $1,535,000
  • STATUS: Active
  • ON SITE: 144 Days
  • ID#: SB24127800
UPDATED: 69 min ago
$1,535,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Poul Erik Norgaard of Compass (310-241-3038) and Tadashi Kondo of Compass(310-241-3038)


Description

Mixed-use building strategically positioned in the heart of Gardena, across from an exciting new 22-unit residential development. This property comprises of two lots and offers a unique blend of commercial and residential spaces, perfectly suited for diversifying any investment portfolio. Spanning two lots, the property features a commercial/residential building with a vacant store, a 2-bedroom apartment, alongside a duplex offering two 1-bedroom units and a parking lot. The duplex has individual electric and gas meters and hot water.With a generous 13,344 square feet of lot and GAC3 zoning, the property is well-suited for a range of commercial and residential uses. Recent upgrades include new roofs and refinished floors across all buildings in 2023. Poised to benefit from the upcoming development across the street. Whether you're looking to capitalize on rental income from multiple units or leverage the commercial space for business ventures, this property offers unmatched potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-13T13:34:31.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/151930730
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2316 Marine Avenue Gardena, CA 90249

  • Price: $1,535,000
  • Status: Active
  • On Site: 144 Days
  • Updated: 69 min ago
  • ID#: SB24127800
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1940
Built
Neighborhood:
117 - McCarthy
County:
Los Angeles
Area:
117 - McCarthy
Property Description
Mixed-use building strategically positioned in the heart of Gardena, across from an exciting new 22-unit residential development. This property comprises of two lots and offers a unique blend of commercial and residential spaces, perfectly suited for diversifying any investment portfolio. Spanning two lots, the property features a commercial/residential building with a vacant store, a 2-bedroom apartment, alongside a duplex offering two 1-bedroom units and a parking lot. The duplex has individual electric and gas meters and hot water.With a generous 13,344 square feet of lot and GAC3 zoning, the property is well-suited for a range of commercial and residential uses. Recent upgrades include new roofs and refinished floors across all buildings in 2023. Poised to benefit from the upcoming development across the street. Whether you're looking to capitalize on rental income from multiple units or leverage the commercial space for business ventures, this property offers unmatched potential.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/AcreLevelPaved Open Parking Spaces 30 Parking Total 30

Interior Features

Cooling DuctlessElectric Cooling YN Yes

Property Features

Additional Parcels YN Yes Cap Rate 4.93 Common Interest None Electric Expense 0 Gross Scheduled Income 72900 Inclusions Tenants personal items Insurance Expense 6000 Land Lease YN No Laundry Features Gas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashContract1031 ExchangeSubmit Net Operating Income 65600 Operating Expense 7300 Property Sub Type Mixed Use Special Listing Conditions Standard Trash Expense 1300 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-13T13:34:31.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Poul Erik Norgaard of Compass (310-241-3038) and Tadashi Kondo of Compass(310-241-3038)