14604 Crenshaw Boulevard, Gardena, CA 90249 - Berkshire Hathaway HomeServices California Properties

14604 Crenshaw Boulevard, Gardena, CA 90249

$1,850,000 Approx. USD 0 beds, 0 baths

Listing Agent


Mark Cianciulli | mark@cremgroupre.com
Lic#: 01990266
Broker: Courtesy of The CREM Group

Agent Remarks

14604-14612 Crenshaw Boulevard is a prime multi-tenant retail property in Gardena, CA, featuring five units ranging from approximately 1,000 to 1,900 square feet, totaling 7,800 square feet of rentable space on a 15,613 square foot C-3 zoned lot. Currently 100% occupied, 14604 Crenshaw Boulevard offers an excellent value-add investment or owner-user opportunity. Three units are rented on a triple-net basis at an average rate of $2.46 per square foot, per month (including NNN's). The remaining two units are leased on a month-to-month basis nearly 50% below market rents, offering immediate upside through strategic lease negotiations or repositioning. The existing lease flexibility also allows an owner-user the ability to occupy over 51% of the property and benefit from SBA financing with as little as 10% down, making the bottom-line cost to operate lower than similar available space in the area after offsetting costs with rental income from the other tenants. The property includes a private, gated parking lot with 15 spaces, accessible from the rear alley, offering convenient access to all units. With 104 feet of frontage along Crenshaw Boulevard, the property enjoys excellent visibility and a daily traffic count of nearly 30,000 vehicles. Gardena's robust demographics feature a population of over 720,000 within a five-mile radius of the subject property and an average household income exceeding $83,000 within 2 miles. The area serves as a significant commercial hub with strong demand and proximity to major employers such as SpaceX, Tesla, Northrop Grumman, Boeing, and Ring. Easy access to key markets and transportation hubs further enhances the property's appeal, bordered by the 105, 110, 405, and 91 freeways.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 25488691
Price: $1,850,000
HOA Fee is $0.00
Built in 1955
0.36 acres
Lot size: 0.3584
County: Los Angeles
Zoning: GAC3
MLS area: 117 - McCarthy

Last Updated: 3/3/2025

 Days On Market (DOM): 51

 Find more Gardena homes and real estate

 Find more homes in 90249 zip code

This listing belongs to the 117 - McCarthy MLS area

Lat/Long: 33.898990, -118.326106.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90249 Area Map

Demographics

Schools

Near by

Similar Listings