$3,200,000   ♡   Gardena, CA 90249 6 bed 3 bath 3,670 SqFt ($871/SqFt) 0.48 acre lot. Built 1946 Listed 2024-01-18 | Ⓧ USDA Ineligible due to price & location near Gardena |
Located at the southwest corner of Crenshaw and 154th Street
Straddling the Gardena and Los Angeles boundary, this expansive property comprises three parcels, each uniquely zoned for both residential (R-3) and commercial (C-2) purposes, spanning a total area of 20, 817 squre feet. - Parcel 4070-001-024 : This parcel features two residences, located at 15343 S Eriel Ave and 15338 Eriel Ave in Gardena, CA 90249. Collectively, these homes are valued at approximately $1, 740, 537. - Parcel 4070-001-023 : Currently utilized as a parking and storage space for La Villa Restaurant, this parcel's estimated value stands around $713, 000. - Parcel 4070-001-022 : A combination of the La Villa Restaurant, situated at 15333 Crenshaw Blvd, Gardena, CA 90249 and a residential property at 15326 S Eriel Ave, Gardena , CA 90249.
The combined estimated value of these properties is about $1, 753, 000. The collective estimated value of these parcels is approximately $4, 206, 527. Offered for sale at $3, 200, 000, this presents an opportunity for the new owner to gain around $1, 000, 000 in value. This distinctive property offers the best of both worlds: residential tranquility on the west side within El Camino Village, boasting significant traffic with over 26, 539 vehicles per day (VPD) on 154th Street. On the east side, facing Crenshaw Boulevard - a bustling thoroughfare with over 27, 865 VPD - the parcels are zoned C-2, suitable for commercial development. This property's uniqueness lies in its dual zoning, offering flexibility for both residential and commercial use. Additionally, there is potential for further development, with the city permitting up to 20 units on the site. This blend of residential charm and commercial opportunity makes it a rare find in a sought-after location. Under SBAP - Minimum Density 24 and Maxium Density will allow up to 72 Units
Presented by Bryant Hoover at
Thompson Team Real Estate, Inc.
Property MLS #SB24010599 from CRMLS
Bedrooms On Main Level: 6
Full Bathrooms: 3
Bathrooms On Main Level: 3
Fireplace Features: Fireplace: Yes
Lot Description: Corner Lot
Lot Size Acres: 0.4779
Lot Size Source: Estimated
Lot Size Square Feet: 20817
Garage Description: Attached
Parking Total: 6
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: Southwest corner of Crenshaw and 154th Street
Source Property Type: Residential
Area: 111 - Bodger Park/El Camino
Source Neighborhood: 111 - Bodger Park/El Camino
Parcel Number: 4070001024
Postal Code Plus 4: 4020
Zoning: LCC2VV
Property Subtype: Single Family Residence
Source System Name: C2C
$3,200,000
CRMLS
Year Built: 1946
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Living Area Source: Estimated
Property Age: 78
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Public Records
Water Source: Public
 |  |  |  |  |
 |  |  |  |
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.