Los Angeles Industrial for Sale - Mid-Cities

**Warehouse Space for Sale – Prime Location in Los Angeles** Address: **1682 E. 41st Street, Los Angeles, CA** **Price:** Inquire for Details Unlock the potential of this spacious, versatile warehouse located in the heart of Los Angeles. Situated in a highly sought-after industrial area, this property offers easy access to major highways, ports, and public transportation, making it an ideal space for businesses looking to expand, store, or distribute. Seller is very motivated! **Property Highlights:** - **Size:** 4450 square feet of open, flexible warehouse space - **Zoning:** Industrial/Commercial (perfect for a variety of uses) - **High Ceilings:** Spacious interiors with ample vertical storage - **Parking:** Sufficient on-site parking for staff and visitors - **Security:** Gated facility with surveillance system for added peace of mind - **Convenience:** Located in a central area with close proximity to major freeways (I-10, I-710) and the Port of Los Angeles -** Comes with 4 parking on property This property is an exceptional opportunity for investors or businesses in need of warehouse, distribution, or manufacturing space. Whether you're looking to expand your operations, store inventory, or secure a prime location for your growing business, this space offers unbeatable value in Los Angeles. This property is also for lease for $3795/month + NNN. **For more information or to schedule a tour, contact 818-522-9524.** Don't miss out on this incredible opportunity!

Property Subtype:

Warehouse

Date on Market:

2025-03-25

Los Angeles Office for Sale - Koreatown

Property Subtype:

Office/Residential

Date on Market:

2025-03-25

Los Angeles Retail for Sale - West Los Angeles

Exceptional Owner-User Opportunity with Street-Facing Retail & Flexible Warehouse Space 3268 Motor Ave offers a rare and valuable opportunity for owner-users seeking both visibility and versatility in a prime Westside location. This M1-zoned property features a highly desirable front-facing retail storefront combined with a spacious two-story warehouse/manufacturing facility, totaling approximately 4,225 sq ft of adaptable space. The front retail unit spans 1,175 sq ft and includes prominent display windows, a dedicated customer restroom, and direct street access—perfect for a showroom, boutique, or service-based business looking to capture high visibility and foot traffic. Behind the retail space is a two-level, 3,050 sq ft open-concept manufacturing /office/warehouse facility with separate entrances, office space, and private restrooms. Ideal for production, storage, or light manufacturing, this area offers tremendous flexibility for business operations or future reconfiguration. A key advantage for investors or owner-users is the potential to subdivide the property into two or possibly three independent units, creating multiple income streams or live-work setups. The building is currently leased month-to-month, with a hair salon occupying the front unit and a manufacturer in the rear, allowing for future occupancy planning or redevelopment. Strategically located on Motor Avenue, with close proximity to major freeways and public transit, this property offers exceptional access and convenience for a wide range of business types. Tenant 1 pays $2,583/Mo. Tenant 2 pays $4,162/Mo.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-03-19

Los Angeles Retail for Sale - Glendale

Do Not Visit Site Until You Speak With Broker. Please No Speaking with Employees/Ownership & Do Not Loiter on Property. The Gas Broker is proud to offer a rare opportunity to acquire a high-margin business at a prime, signalized intersection of Colorado Boulevard and Eagle Rock Boulevard in Eagle Rock, CA, with an impressive traffic flow of approximately 70,000 cars per day. This existing Mobil-branded gas station comes with an approved Conditional Use Permit (CUP) and plans to transform the current building into a modern 1,791-square-foot convenience store, complete with a Type-20 Beer & Wine license. This value-add investment offers the potential to develop a state-of-the-art convenience store outfitted with brand-new equipment while benefiting from alcohol sales authorization under the approved CUP. Furthermore, with the current Mobil fuel contract expiring in March 2030, the new owner has the strategic advantage of rebranding or negotiating incentive funds upon renewal. Don't miss this chance to own a top-tier gas station in one of Los Angeles' most sought-after locations.

Property Subtype:

Service Station

Date on Market:

2025-03-17

Los Angeles Industrial for Sale - Mid-Cities

Exciting opportunity in Los Angeles! Industrial M1 Zoned building available at 12828 S Broadway, built in 1961. Is currently Owner Occupied and will be delivered vacant at close of escrow. - Total space of 18,700 sf - Approximately 2,000 sf dedicated to office space with 2 bathrooms - Additional mezzanine storage of around 1,000 sf above the office - Heavy power setup ideal for manufacturing operations - Includes 1 ground level and 2 high docks for convenience - Impressive 16’ ceiling height for ample vertical space

Property Subtype:

Warehouse

Date on Market:

2025-03-11

Sylmar Land for Sale - Eastern SFV

This rare RD-zoned development opportunity offers limitless potential for multi-unit residential projects. Spanning approximately 31,000 sq. ft., this expansive lot is ideal for duplexes, townhomes, or apartment buildings. Located in Kagel Canyon, a growing and desirable area of Sylmar, this property provides a perfect blend of rural charm and urban convenience. Just a short drive to major freeways, nearby cities, and key amenities, it presents a prime investment opportunity for builders and developers. Currently, the property features an updated/remodeled single-family home with a panel upgrade. Additionally, there is a detached warehouse which has a generator that sits separately from the home, with a fenced division for added privacy. Both the house and warehouse have their own separate entrances, offering flexibility for various uses. Call for more details

Property Subtype:

Residential

Date on Market:

2025-03-11

Los Angeles Multifamily for Sale - Park Mile

1187 Crenshaw, located in the heart of Los Angeles, offers an exceptional 8-unit townhouse-style property that combines modern luxury with innovation. The property features sleek, aesthetic lines, high-quality materials, and a focus on style and function. Each unit includes energy-efficient appliances and eco-friendly features for sustainable living. The spacious townhouse units have open-concept layouts, maximizing space and comfort, a spacious loft or mezzanine, and the private rooftop deck offers stunning views. This property redefines luxury living, blending cutting-edge design and convenience. The location provides easy access to Freeways and proximity to Koreatown, Downtown, West Hollywood, Westwood, Century City, Santa Monica, and the Olympic Blvd Tech corridor. Public transportation is readily accessible. Exempt from State Rent Control. 5 of 8 units reimburse $75/month each towards the Water utility.

Property Subtype:

Apartment

Date on Market:

2025-03-06

Los Angeles Multifamily for Sale - Koreatown

*The Mirage is owned and operated by CDI Management. The property is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately. Introducing The Mirage, a prime student housing investment opportunity located at 947 W 30th St., just a short walk from the University of Southern California (USC) campus. This well-maintained, 19,050 sq. ft. building sits on a 10,989 sq. ft. lot and offers a total of 24 units, consisting of three spacious 2-bedroom apartments and twenty-one 1-bedroom units. Renovated in 2005 and meticulously cared for, this building provides modern comforts with an all-electric system, eliminating the need for gas utilities. The property is serviced by an elevator, ensuring easy access to all levels, and includes a partial subterranean parking garage with space for up to 24 vehicles. The Mirage is ideally situated in a highly sought-after location, just steps from USC, USC Village, retail amenities along Figueroa St., and the iconic Shrine Auditorium. Directly across from Rawlinson Stadium, tenants enjoy both convenience and vibrant neighborhood attractions. On-site amenities include a laundry room and common outdoor spaces for tenants to relax and socialize. This property presents an excellent opportunity for investors looking to capitalize on the thriving demand for USC student housing in a prime location. Don’t miss out on this unique chance to secure a solid income-producing asset!

Property Subtype:

Apartment

Date on Market:

2025-03-03

Los Angeles Multifamily for Sale - Koreatown

*The Tower is owned and operated by CDI Management. The property is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately. Introducing The Tower, an exceptional investment opportunity located at 1102 W 29th St. in the highly sought-after North University Park neighborhood. This 8,966 sq. ft. building sits on a 7,495 sq. ft. lot and offers 12 well-maintained units, including two 3-bedroom apartments, four 2-bedroom units, and six 1-bedroom units. Renovated in 2005 and meticulously cared for, The Tower provides modern living spaces with desirable amenities, including an on-site laundry facility and 8 parking spaces. The property’s prime location, just a short walk to the University of Southern California (USC) campus, USC Village, and retail amenities along Figueroa St., makes it an attractive choice for USC students seeking convenience and comfort. With excellent visibility along Hoover St., The Tower benefits from high exposure as it’s directly in the path of those entering the main USC campus. This property offers a unique opportunity to own a well-positioned, income-generating asset in one of Los Angeles' most dynamic and growing neighborhoods. Whether you are an experienced investor or new to student housing, The Tower promises excellent potential with its proximity to USC and its continued demand for quality student accommodations. Don't miss this chance to secure a prime investment in a thriving location!

Property Subtype:

Apartment

Date on Market:

2025-03-03

Los Angeles Multifamily for Sale - Koreatown

Located in the heart of a vibrant Koreatown pocket, 839 S. St Andrews Place offers a rare opportunity to acquire a charming, 31-unit multifamily property west of Western Avenue, just steps from the prestigious Hancock Park neighborhood. Built in 1929, this Hollywood-style architectural gem exudes timeless character, featuring a grand lobby with a secured entrance, an elevator, and on-site laundry facilities for tenant convenience. The property comprises a desirable unit mix of 23 studio apartments and 8 one-bedroom, one-bathroom (1+1) units, catering to a diverse tenant base in one of Los Angeles’ most dynamic and sought-after submarkets. With a Walk Score of 95, residents enjoy unparalleled access to Koreatown’s renowned dining, shopping, and entertainment options, including Chapman Plaza, The Line Hotel, and Quarters KBBQ, as well as proximity to local cultural and lifestyle destinations. Strategically positioned in a high-demand rental market, 839 S. St Andrews Place combines historic appeal with modern livability, making it an attractive asset for investors seeking stable cash flow and long-term value appreciation. Its prime location, strong walkability, and proximity to both Koreatown’s bustling core and the upscale Hancock Park area further enhance its investment potential. This offering represents a unique chance to own a well-maintained, character-driven property in a thriving urban neighborhood poised for continued growth

Property Subtype:

Apartment

Date on Market:

2025-02-20

Los Angeles Multifamily for Sale - Park Mile

For Sale: Prime Investment Property in Los Angeles - 4533 Saturn St. **Location: 4533 Saturn St, Los Angeles, CA 90019 ** Asking Price: $1.4M ** Multi-Unit Residential Property | Strong Rental Income ** $15K seller's credit toward closing at close of escrow ** Seller is retiring and very motivated An Exceptional Investment Opportunity in Mid-City, LA This well-maintained and upgraded multi-unit residential property is situated in the heart of Mid-City, one of Los Angeles’ most sought-after neighborhoods. With a high rental demand, strong appreciation potential, and future development opportunities, this property is a lucrative investment for both seasoned and first-time investors. Property Highlights **3 Units - A mix of spacious and modernized rental units: • Unit 1: 3BR / 1.5BA • Unit 2: 2BR / 1BA • Unit 3: 1BR / 1BA **Approved ADU Expansion - Potential for two additional detached ADU units to further increase rental income. ** Total Building Size: 2,512 SF+ **Lot Size: 7,002 SF (50' x 140') ** Annual Rental Income: $78,000 (with potential to reach $108,000 post-ADU development). **ROI (Cash-on-Cash Return): 5.22% (Current), 7.2% (Projected). Recent Upgrades & Features **Fully Renovated Interiors - Modern flooring, updated kitchens, and stylish bathrooms. **Upgraded Plumbing - All copper pipelines & PVC sewage lines with external clean-out access. **Low-Maintenance Landscaping - Artificial grass in the front & concrete in the back. ** Energy-Efficient Windows - Double-insulated PVC windows for enhanced insulation. Prime Location & Growth Potential **Market Growth: 24% appreciation over the past 2 years. ** Highly Walkable: 96/100 Walk Score - Easy access to shopping, dining, and public transit. ** Convenience: Near Hollywood, Santa Monica, and Beverly Hills. **Future Development Potential: Proposed plans for a 4-story residential building with garage parking. Why Invest? ? Turnkey Income Property – Stable rental income with long-term tenants. ? High Appreciation Area – Located in a strong real estate market with increasing demand. ? Expansion Potential – Approved ADUs and future development possibilities. ?? Secure your next investment in one of LA’s top growth markets! Commission to Cooperative Broker available. Seller Finance available. Call 310 422 9206 for private showing

Property Subtype:

Apartment

Date on Market:

2025-02-12

San Pedro Retail for Sale - Beach Cities/Palos Verdes

This seven-tenant strip center in San Pedro is a prime investment opportunity, offering a strong 6.5%+ CAP rate in the first year. With all leases set to expire by mid-2027 or sooner, the property provides flexibility for future development. Zoned for potential multifamily or mixed-use projects (subject to CPIO limits), it offers long-term value beyond its current retail income. The property also features a spacious parking lot with 25 spaces (5:1 parking ratio), ensuring convenience for tenants and customers alike.

Property Subtype:

Storefront

Date on Market:

2025-02-07

Burbank Multifamily for Sale

Charming and Remodeled 3-Bedroom, 2-Bathroom Home with ADU!** Welcome to this beautifully remodeled home, offering the perfect blend of comfort and modern amenities. This 3-bedroom, 2-bathroom residence has been thoughtfully updated with a brand-new kitchen, stunning new flooring, and stylishly renovated bathrooms. Enjoy the comfort of central air and heat, ensuring year-round comfort. Step outside to discover a private ADU located at the rear of the property. This two-bedroom, one-bathroom space features its own garage, providing both privacy and convenience for guests or rental potential. Don't miss the opportunity to own this turnkey property with endless possibilities!

Property Subtype:

Apartment

Date on Market:

2025-02-04

Glendale Office for Sale

We are pleased to offer 315 Arden Avenue. Located in the heart of Glendale, this 2-story office building is approximately 27,651 sf featuring an interior courtyard with fountain, ample parking lot space, controlled access off a quiet street and exterior corridors. The Arden Square office building is minutes from the I-5, the SR-2, two blocks north of SR-134 and immediately west of Central Ave, which is walking distance to many restaurants and cafes on Brand Blvd. Within Glendale's premier downtown office area, this property offers easy access to three freeways, restaurants, banks, and office services. There is individual office access off an attractive interior courtyard with fountain and mature landscaping and is both stairway and elevator serviced. Directory signage available at the main entrance as well as tenant signage for each suite. There are currently 21 units with 3 vacancies and a handful of month to month and soon to be expired leases. This allows for a new owner to be flexible and potentially occupy the property with their own business OR rent out the empty units as they see fit. There is strong upside in the property for an investor to come in to update/renovate and convert to NN (6.8% proforma) or NNN (8% proforma)tenancy for stronger return on income. If you are potentially looking to move your business into parts of this building please inquire about our lending options that require only 10% down and 50% owner occupancy! The Seller is highly motivated, paying for buyer's agent commission, and open to offers as long he has time to locate another property for a 1031. Don't pass up this absolute gem of an opportunity to own in a prime Glendale location, with views of the mountains, abundant upside and the convenience of many retail services and restaurants in the neighborhood! Contact us for Rent Rolls and operating statements.

Date on Market:

2025-01-19

Long Beach Multifamily for Sale - Long Beach: Downtown

Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the highly sought-after Belmont Shore rental submarket of Long Beach. Attractive assumable financing is available at 2.97% with 60% LTV through 2030. The property consists of all 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and inviting common courtyard enhances the living experience, featuring BBQ and dining facilities. Additionally, the oversized lot includes 13 private garages, adding convenience and value for residents. Recent capital improvements include upgraded electrical panels and completed seismic retrofitting. Situated in the heart of Belmont Shore, Livingston Place offers a prime location just steps from the beach and within close proximity to Naples Island, the vibrant shopping and dining scene of 2nd Street, and the picturesque Alamitos Bay.

Property Subtype:

Apartment

Date on Market:

2025-01-15

Los Angeles Industrial for Sale - Downtown Los Angeles

All In Capital is pleased to present a rare opportunity to acquire or lease a versatile industrial property in the heart of Downtown Los Angeles, just a few blocks from the vibrant Arts District. This 27,460 SF warehouse, situated on a 24,394 SF lot, offers flexibility for owner-users or investors. Key Features: Strategic Location: Adjacent to the Arts District, with immediate access to major freeways (I-5, I-10, I-710), ideal for logistics and distribution. Zoning: M2-2D, supporting a wide range of industrial and creative uses, including storage, light manufacturing, and showrooms. Functional Design: Clear heights of up to 13 feet and two drive-in grade-level doors for seamless operations. On-Site Parking: Gated surface parking lot for added convenience. Investment Potential: Located in a highly sought-after industrial market with strong rental income potential and increasing property values. Built in 1991, this property offers modern construction standards and excellent adaptability, making it the perfect choice for businesses seeking a central and accessible location. For inquiries or to schedule a tour, contact: Justin Kim | Broker/Owner Lic: 01971530 | (213) 247-0741

Property Subtype:

Warehouse

Date on Market:

2025-01-08

Hawthorne Office for Sale - Hawthorne/Gardena

For the first time in many years, this highly sought-after medical office building is available for sale. Located on the prominent Hawthorne Blvd, this property offers exceptional street visibility and a rare opportunity for prominent building signage, ensuring your business stands out. Multiple ingress and egress points provide enhanced convenience, improve traffic flow, and offer greater flexibility for tenants and visitors accessing the property. The building sits on two well-positioned lots, comprising an 8,724 SF medical office space and an 8,403 SF parking lot with 19 dedicated spaces, including a large, separate parking area for added convenience. There are three existing office spaces (two occupied and one vacant). Don’t miss this unique opportunity to own or invest in a highly visible, strategically located property with great potential. The adjoining property at (Hawthorne Blvd) is also available for sale and may be combined with this property for a larger, contiguous ownership opportunity.

Property Subtype:

Medical

Date on Market:

2024-12-03

Glendale Retail for Sale - Burbank

*You are buying the land with the business* Amazing opportunity in the heart of Glendale. Commercial sale that has current open business operating as a liquor store. The business had a carniceria (meat) market inside with a full kitchen. Currently, the carniceria market is not operating and the business is functioning as a liquor store only with such qualities as Lottery Tickets and scratchers. Kitchen has a permit approved by the City of Glendale. The new buyer of this location has endless opportunities using creativity with what to do to the liquor store/carniceria market and full kitchen as in example someone could run the liquor store and lease the carniceria/full kitchen to another restaurant just great possibilities. There is an outdoor BBQ area available in the back of the liquor store as well. It is a very convenient location off the 5 freeway and has a lot of parking on the street. This store is located very close proximity to Burbank.-Inventory not included in purchase price but can be sold after itemized.

Property Subtype:

Convenience

Date on Market:

2024-12-03

Sherman Oaks Retail for Sale

Fantastic Owner-User Opportunity Major Retail Area of Sherman Oaks, CA KEY FEATURES ¦ Busy Retail Location: Rare opportunity to locate adjacent to the vibrant Westfield Fashion Plaza! Major retailers within easy walking distance include Bank of America, Petsmart, Ross Dress for Less, Joann, Macy's, and Bloomingdale's. ¦ Visibility and Convenience: This prime retail property is situated on Woodman Avenue, just a half block away from the 101 Freeway entrance. Benefit from high traffic counts and unparalleled visibility to traffic and pedestrians. ¦ Flexible Occupancy: Fantastic owner-user building! Enjoy flexible occupancy ranging from 2,400 to 4,544 square feet, with two retail units comprising 3,394 square feet at ground level plus 1,150 square feet on the second level (use as your office or rent out as 3-bedroom apartment unit). Just occupy the space you need for your business and lease the rest to tenants. Property features a delivery truck accessible fenced lot in the rear with 10 on-site pa rking spaces. ¦ Affordable Financing: This property may be eligible for up to 90% SBA financing if you occupy 50% of more of the building. Where else in Sherman Oaks can you own a prime retail property like this with as little as $400K down? Now's the time to quit paying rent and own instead. Invest in yourself. (Note: This is not an offer of financing; please check with a SBA lender for more information.)PROPERTY DESCRIPTION Located on Woodman Avenue in Sherman Oaks, just off the 101 Freeway, and adjacent to Westfield Fashion Square, this property is ideally situated for an owner-user seeking high visibility and traffic. Both ground level units come with excellent storefront signage. A fenced rear lot provides 10 on-site parking spaces, with additional street parking available in front. The seller currently occupies one unit and leases the other two smaller units. The leased units are month-to-month rentals, so the buyer can elect to occupy the entire property immediately at the close of escrow. The unit mix is: ¦ 4742 Woodman. The largest unit at 2,400 square feet, it is makes up more than 50% of the building. By occupying this unit the buyer will be eligible for SBA financing without having to occupy the other units. It features double door entries in front and rear, ideal for deliveries and loading. ¦ 4738 Woodman. This 994 square foot unit can 4742 Woodman or rented to a tenant. ¦ 4742-½ Woodman. This 1,150 square foot second story unit is currently rented as an apartment (three bedrooms, one full bath, kitchen, and living room) but can also be utilized as office space.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-11-04

Los Angeles Multifamily for Sale - Koreatown

*Trojandale is owned and operated by CDI Management. The property is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately. Best property in the Student housing area surrounding the USC Campus. One of the only properties with a subterranean garage in the area. Fully occupied by students since an enormous rehab and renovation in 2005. Professionally property managed by the in area operator for 20 years. For Sale: Exquisite Student Housing at USC in the Heart of North University District Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of 8 two-bedroom apartments and 12 one- bedroom apartments, providing ample options for students. Exclusively occupied with USC students since 2004. There are preliminary plans to add 14 Studio Units, 6 additional units by right and 8 Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $396,000 annually. Additionally, there is opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom thus further increasing rent potential. Step inside to find spacious living areas flooded with natural light, elegant finishes, and a vibrant community atmosphere. Enjoy luxurious amenities, including a state-of-the-art kitchen, high-speed internet, and on-site laundry facilities. The beautifully landscaped interior courtyard offers a serene escape, perfect for socializing and relaxation. Additional conveniences include one of the only fully subterranean parking garages in the area, ensuring hassle-free access for residents. Located within walking distance from USC, this exceptional luxurious property offers easy access to campus, local dining, and entertainment, making it the ideal choice for students who want the best of both worlds: a serene retreat and a lively neighborhood. Renting to university students can be a smart strategy for property owners, particularly when trying to shield investments from the potential impacts of rent control. Every year the students lease from August 1st to July 31st during the school year and vacate as they graduate giving the owner the opportunity to increase rents to market levels annually. Don’t miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury—schedule a viewing today!

Property Subtype:

Apartment

Date on Market:

2024-10-25

El Monte Land for Sale - Western SGV

Vacant Land For Sale.

Property Subtype:

Commercial

Date on Market:

2024-10-22

North Hills Multifamily for Sale - Eastern SFV

Introducing 15240 Nordhoff St, North Hills—an excellent investment opportunity featuring a mix of 2 one-bedroom, one-bath units and 12 two-bedroom, two-bath units. This property offers a fantastic North Hills location, subject to statewide rent control with notable rental upside potential. Tenants will appreciate the secure, gated entry, on-site parking with additional storage, and the convenience of on-site laundry facilities. Each unit is individually metered for gas and electricity, providing efficiency and ease for management. Located just a short distance from major freeways (I-5, I-405, and CA-118), Panorama Mall, Van Nuys Airport, and the Ventura County Line Metrolink, this property boasts excellent accessibility to key local attractions and transportation hubs. An ideal opportunity for investors looking for a well-situated, income-generating property with room for growth! This property is a great addition to any investor’s portfolio. Don’t miss out on this rare opportunity

Property Subtype:

Apartment

Date on Market:

2024-10-21

Long Beach Multifamily for Sale - Long Beach: Downtown

Turnkey 10-Unit Property in Prime North East Village – Priced to Sell! Located in the vibrant and densely populated North East Village neighborhood, this fully stabilized 10-unit property is an exceptional investment opportunity. Priced at just $185K per unit, it is currently operating at a 9.47 Gross Rent Multiplier (GRM) and a 6.2% cap rate based on in-place rents. At market rent levels, the GRM improves to 8.90, and the cap rate increases to 6.8%. The unit mix includes 7 studios, 2 one-bedrooms, and 1 two-bedroom unit. All units have been remodeled, and major upgrades—including a new roof and updated electrical panel—were completed in 2024. The building is master-metered with a RUBS (Ratio Utility Billing System) in place, currently recapturing 60% of utility expenses. An on-site coin-operated laundry room adds convenience for tenants and generates additional income. The exterior has been freshly painted, enhancing curb appeal. Ideally situated near St. Mary Medical Center, downtown Long Beach, the beach, and major freeways, this property offers excellent accessibility and strong rental demand. Don’t miss this rare opportunity to acquire a turnkey asset at an attractive price. (Virtual Staging)

Property Subtype:

Apartment

Date on Market:

2024-10-17

Gardena Retail for Sale - Hawthorne/Gardena

Ideal location for convenient store. The property is a total of 1,508 sq. feet on a 13,504 sq foot lot. This is a rare opportunity for the automotive user or income property investor. The tire shop is located on a busy intersection between Marine Ave. and Normandie Ave. near Memorial Hospital of Gardena. It neighbors Aldi, Vons and Gardena Shopping Center. Customers benefit from the center’s ease of accessibility; located two blocks from the major freeway, the SR-110. The high traffic retail location provides excellent visibility and access. Tire Shop Business is available at no cost to the buyer. Tire shop generates $60K plus monthly revenue. And the seller is willing to carry paper!

Property Subtype:

Auto Repair

Date on Market:

2022-10-28