12901-12911 S Budlong Ave, Gardena, CA 90247

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Property Details

Address
12903 S Budlong Ave, Gardena, CA 90247
Price
$2,950,000
# of Units
9
Status
Available
Building Size
11,000 SF
Price/Unit
$327,777
CAP Rate
N/A
Year Built
1968
GRM
N/A
Type
Industrial
Lot Size
22,548 SF
Price/SF
$268

Property Information

Extremely Rare 9-Unit Industrial Property – First Time on Market in 63 Years! Incredible opportunity to own a low maintenance industrial property in the heart of Gardena. Featuring 9 individual free-span units across 2 buildings totaling approx. 11,000 SF, this property has been under the same ownership for over six decades. Each unit is separately metered for electricity and gas and includes its own ground-level roll-up door. This property also includes an owner storage room for tools and maintenance supplies. Large open parking spaces in the rear of the property along with plenty of street parking. Gated entrance in the front for added security. All tenants are on month-to-month leases, offering flexibility for owner-users or investors seeking value-add potential. Property has low historical vacancy and is easy to manage. Prime central location with close proximity to major freeways – 105 FWY and 110 FWY. Just 2.1 miles to SpaceX, 3.1 miles to Costco Business Center, 5 miles to SoFi Stadium, and 8.9 miles to LAX. Do not miss this rare South Bay industrial offering!

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