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$1,195,000   Price Analysis
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16806 S Western Ave
Gardena, CA 90247
Unknown bed None bath 3,587 SqFt ($333/SqFt)
6,499SqFt lot. Built 1961
Listed 2023-03-03, Taxes $7,435
Ⓧ USDA Ineligible
due to price & location

near Gardena

Located in the vibrant Western Avenue corridor in the City of Gardena

* No Longer For Sale *
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This mixed-use property offers an opportunity for strong cash flow and growth potential in a location surrounded by strong commerce with global companies, an abundance restaurants and entertainment and a thriving population. This corner lot property is situated at Western Avenue and 168th Street on a 6, 499 sq.ft. lot, featuring 3, 587 sq.ft. of space - 875 sq.ft. of commercial retail/office facing Western Avenue and 2, 700 sq.ft. for 9-units of residential. The unit mix consists of (1) 2/1, (2) 1/1 and (6) Studos.

Plans are available to convert the residential units to (1) 2/1, (3) 1/1 and (1) Studio, garage, laundry, with space at the rear of the property for potentially up to 4 additional parking spaces. The property is in close proximity to the business rich South Bay area of Los Angeles, surrounded by aerospace, technology, entertainment, automotive, manufacturing and minutes from the 405 and 110 freeway, providing short easy acce ss to Downtown LA, LAX, Los Angeles Harbor, the South Bay beach communities, as well as the new NFL stadium development in Inglewood. This premier mixed-use property brings the potential for established commercial and residential tenants in "The City of Opportunity" booming with growth and activity.


Presented by Edward Barrios at
Vista Sotheby's International Realty.
Listing Agent Photo

Property MLS #PV19270521 from CRMLS

Laundry Features: Common Area

Fencing: Fence YN: Y, Fencing: Wood

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1491965
Lot Size Dimensions: 50x130
Lot Size Source: Assessor
Lot Size Square Feet: 6499

Number of Units: 10

Maintenance Expense: 3000.00

Number of Units Leased: 9
Vacancy Allowance: 3004
Rent Control: Yes

Community Features: Urban

Annual Tax Amount: 7100.00
Source Listing Status: Closed
County: Los Angeles
Cap Rate: 4.90
Tax Year: 2019
Source Property Type: Residential Income
Insurance Expense: 2000.00
Area: 119 - Central Gardena
Source Neighborhood: 119 - Central Gardena
New Taxes Expense: 15000.00
Parcel Number: 6106003032
Professional Management Expense: 6500.00
Trash Expense: 2232.00
Zoning: GAC3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$147,369 + $401,931
$549,300
$7,435
2021$144,480 + $394,050
$538,530
$7,372
2020$142,999 + $390,010
$533,009
$7,422
2019$140,196 + $382,363
$522,559
$7,144
2018$137,448 + $374,866
$512,314
$6,963
2017$134,753 + $367,516
$502,269
$6,821
2016$132,111 + $360,310
$492,421
$6,633
2015$130,127 + $354,898
$485,025
$6,522
2014$127,578 + $347,947
$475,525
$6,512
2013$127,002 + $346,375
$473,377
$6,490
2012$124,512 + $339,584
$464,096
$6,527
2010$122,071 + $332,926
$454,997
$6,666
2009$121,447 + $331,223
$452,670
$6,399
2009$121,159 + $330,438
$451,597
$6,399
2008$119,066 + $324,729
$443,795
$6,126
2007$116,732 + $318,362
$435,094
$5,912

Listing removed 2024-08-01
$0
TheMLSCLAW
Price Changed 2024-07-06
$2,000,000
TheMLSCLAW
Listed 2024-04-12
$1,900,000
TheMLSCLAW
Listing removed 2023-03-22
$0
CRMLS
Listed 2023-01-23
$1,700,000
CRMLS
Sold 2022-03-18
$1,135,000
CRMLS
Sold 2004-05-21
$410,000
Public Record
Sold 1996-01-04
$247,270
Public Record
Sold 1993-05-07
$275,000
Public Record
Sold 1988-03-31
$260,000
Public Record

Net Operating Income: 59536.00

Total Square Feet Living: 3587
Year Built: 1961
Building Features: 4
Common Walls: No Common Walls
Construction Materials: Drywall Walls, Wood Siding
Entry Level: 1
Property Age: 62
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Year Built Source: Assessor

Electric Expense: 3600.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2629.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public

Denker Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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Robert E. Peary Middle School is a public middle school located approximately 0.5 miles away.
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Gardena Senior High School is a public high school located approximately 1.1 miles away.
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Gardena Academy is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.