14015 Van Ness Ave, Gardena, CA 90249
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14015 Van Ness Ave, Gardena, CA 90249
14015 Van Ness Ave, Gardena, CA 90249
14015 Van Ness Ave, Gardena, CA 90249
14015 Van Ness Ave, Gardena, CA 90249
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$ 1,650,000
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14015 Van Ness Ave Gardena, CA 90249

8,799 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26041981

HOA Y/N No

Year Built 1960

Annual Tax Amount $20,625

Lot Size 8,799 Sqft

Property Sub-Type Office

Property Description

8.96% CAP rate!! 14015 Van Ness Ave. is a well-maintained two-story commercial office building that features seven fully leased units, providing exceptional cash flow with an excellent CAP rate. With a large portion of the tenants currently on month-to-month leases, the property offers flexibility for an investor seeking to reposition rents or for a future owner-user looking to occupy all or a portion of the building. This is an excellent opportunity to acquire a stable, high yielding income producing asset. The building's efficient layout and flexible floor plans make it well suited for professional and medical offices, back-office operations, and service-oriented businesses, allowing for a variety of tenant sizes and configurations.
Recent capital improvements reflect proactive ownership and help mitigate the likelihood of upcoming capital expenses. Completed in 2022, these upgrades include a newer roof and skylights, four newer HVAC units, fresh interior/exterior paint, and newer flooring in renovated suites. Additional property features include air conditioning and heating in all units, three common area restrooms, and select in-suite restrooms for added convenience. The property is further enhanced by a central open courtyard that fills the space with abundant natural light, 12 parking spaces plus an on-site parking lot providing ample parking for both tenants and visitors, a gated perimeter, and a building alarm system that offers an added layer of security for occupants and their clientele.

Location

State CA

County Los Angeles

Area 114 - Hollypark

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat

Present Use Commercial

Total Parking Spaces 12

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 4059017030

Security Features Carbon Monoxide Detector(s),Key Card Entry,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by George Bustamante Coldwell Banker Commercial 714-856-7017, DRE #01484265
Ian Whitney

Ian Whitney

Agent | License ID: 02048813

+1(562) 354-6310

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14015 Van Ness Ave