13431 S Budlong Ave, Gardena, CA 90247

13431 S Budlong Ave, Gardena, CA 90247

Gardena, CA
$590,000

Property Description

Lyon Stahl is pleased to present this incredibly rare Mixed-Use/Owner-User Opportunity at 13431 S Budlong Ave, Gardena, CA. The property is a Residential Duplex with a 3rd Non-Conforming Unit and an Industrial Warehouse in the back. The true value in the owner/user side of this offering lies in the fact that it’s very likely that you’ll have to wait an incredibly long time until a similar opportunity becomes available.

The residential portion of this property consists of 1741 square feet and features a unit mix of (2) 2-bed/1-bath units and (1) 1-bed/1-bath unit (not included in square footage) with no rent control. The industrial portion consists of a 1,960 square foot warehouse that can be used as a heavy power manufacturing building. Additionally, the yard is secured as it fenced off and paved.

Lastly, this offering represents a great ReDevelopment Opportunity with its M-1 Industrial Zoning. Gardena is centrally located in the heart of the South Bay trade region of Los Angeles. Having access to every major freeway, Gardena is a gateway to some of the best locations and destinations Southern California has to offer, and there is certainly a high demand for industrial space.

<strong>Investment Highlights: </strong>

• Rare Mixed-Use/Owner-User Opportunity
• Residential Duplex with 3rd Non Conforming Unit and Industrial Warehouse in the back
• Re-Development Opportunity with M-1 Industrial Zoning
• Residential Unit Mix: (2) 2-bed/1-bath units, (1) 1-bed/1-bath non-conforming unit (No Rent Control)
• Secured Yard – Fenced &amp; Paved
• Heavy Power – Manufacturing Building
• Centrally Located in the Heart of the South Bay trade region of Los Angeles

Property Features

  • Sale Price: $590,000
  • Area Size: 3,701 SF
  • Land Area: 8,027 SF
  • Year Built: 1947
  • Closing Date: 12/19/19
  • Units: 2
  • Market GRM: 11.11

Lyon Stahl Investment Real Estate

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