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535 W 135th Street

Gardena, 90248

0 Bd
0 Ba
44,629 Lot
$7,500,000 Current Price
Active Status
28 Days on Market
Mar 25 First Day Active
$7,850,000 Start Price

Description

MAJOR $499,000 PRICE REDUCTION - $290 PSF - MOTIVATED SELLER. This 25,000 SF Owner/User Industrial Building located in the highly desirable City of Gardena Industrial market is being made available for the 1st time in over 35 years. The building will deliver the building vacant at the close of escrow enabling immediate occupancy for a user or direct lease up at fair market value rent with a value-add operator. This is a rare opportunity to acquire a well-located industrial asset in Gardena, CA where supply is extremely scarce supported by very low vacancy rates.

This 25,000 Light Manufacturing Building is situated on 1.02 acres of land In the City of Gardena. With 25,000 SF of the building floor space improvements, a bonus of approximately 12,031 SF of the Mezzanine area. A 25 FT ceiling height and a 19 FT drive-in roll-up door are located at the rear of the building. There are several reinforced concrete machine floor pads throughout. There is a partitioned office with windows located in the front portion of the building. There is an employee break room with a kitchen and plenty of seating area, and a reception area enabling a fully self-sufficient operation for a single user. The current electrical is 120-208, 2,500 amps, 3 Phase, 4 Wire. The building can also be demised with the opportunity for a user to offset operating costs. There is New Interior LED Lighting, New Interior Insulation, and a new 2016 Roll-On reflective roof. The building is well-air-conditioned and maintained. There are 28 secured and fenced parking spaces.



Gardena is Los Angeles’ industrial hub surrounding the 110 Freeway (over 280,000 VPD) located 12 miles south of Downtown Los Angeles. This Premiere infill Los Angeles industrial market is located within reach of logistics destinations: 12 miles south of downtown Los Angeles, 15 miles from the Port of Long Beach, and 10 miles from LAX.

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Property Details for 535 W 135th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Cynthia Burts
Listing Brokered By
Burts & Associates
Type
Commercial Sale, Industrial
Year Built
1971
MLS Area
115 - North Gardena

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
28 DOM
Combined DOM*
337
First Date Active
March 25th, 2024
Current Price
$7,500,000
Orig. List Price
$7,850,000
MLS® #
SR24059317
APN
6132004023
Special
Standard

Room Information

Laundry
None

Exterior Information

Lot Description
Landscaped, Level, Paved, Rectangular Lot
Lot Size (sq. ft.)
44,629
Lot Size (acres)
1.02

Utilities Information

Water Source
Public

Additional Information

Buyer's Brokerage Fee
2.000

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
115 - North Gardena
City/State
Gardena
Zip Code
90248
County
Los Angeles
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Listing/Price History

535 W 135th Street, Gardena, (MLS® #SR24059317)

Date Details Price Change
Active
Price Reduced (from $7,850,000) $7,500,000 $350,000 (4.46%)
Pending (from Active)
First Day Active $7,850,000
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Listing Summary

Quick Summary of 535 W 135th Street: This home in Gardena is priced at $7,500,000 . The Industrial residence was originally built in 1971 and was listed on March 25th, 2024 at $7,850,000, showing 28 Days on Market currently. Contact Dave Fratello today for more information or to go see 535 W 135th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 9:55am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.