14015 Van Ness Avenue
$1,700,000
14015 Van Ness Avenue, Gardena, CA 90249
6,404 sqft
Building Size
Details:
Description:
CAP: 8.66% All units are fully leased, providing a strong and stable cash flow Recent capital improvements (2022): newer roof and skylights, newer HVAC systems, newer interior/exterior paint, and newer flooring in renovated suites 12 parking spaces plus on-site parking lot, a gated perimeter, and a building alarm system for enhanced security Building offers efficient layout/flexible floor plans for professional/medical offices, back-office operations, and service-oriented tenants Building located on a busy main street with high-traffic and high-visibility
14015 Van Ness Avenue Gardena, CA 90249 is a well-maintained two-story commercial office building totaling approximately 6,404 sq ft, situated on an 8,795 sq ft lot in the heart of Gardena. The building features seven 14015 Van Ness Avenue Gardena, CA 90249 is a well-maintained two-story commercial office building totaling approximately 6,404 sq ft, situated on an 8,795 sq ft lot in the heart of Gardena. The building features seven fully leased units, providing strong cash flow with an attractive 8.66% cap rate. With a large portion of the tenants currently on month-to-month leases, the property offers flexibility for an investor seeking to reposition rents or for a future owner-user looking to occupy all or a portion of the building. This is an excellent opportunity to acquire a stable, income producing asset with both immediate returns and long term upside potential.
Recent capital improvements reflect proactive ownership and help mitigate the likelihood of upcoming capital expenses. Completed in 2022, these upgrades include a newer roof and skylights, four newer HVAC units, fresh interior/exterior paint, and newer flooring in renovated suites. Additional property features include air conditioning and heating in all units, three common area restrooms, and select in-suite restrooms for added convenience. The property is further enhanced by a central open courtyard that fills the space with abundant natural light, 12 parking spaces plus an on-site parking lot providing ample parking for both tenants and visitors, a gated perimeter, and a building alarm system that offers an added layer of security for occupants and their clientele.
Conveniently located near major healthcare providers such as Memorial Hospital of Gardena and Kaiser Permanente Gardena Medical Offices, the property benefits from strong demand driven by the healthcare and professional services sectors. The location also offers excellent access to major freeways, including the I-110, I-105, and I-405, providing convenient connectivity to surrounding employment hubs.
Listing ID: 663f84ae-0bad-4266-8c5a-971edd3557d6
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