1910-1920 W 144th St - Warehouse FOR SALE


Gardena, CA 90249
$6,900,000 USD
562-256-4684
1910-1920 W 144th St, Gardena, CA for Sale
$6,900,000 USD
Warehouse - FOR SALE
1/11
null | 5.45% Cap Rate

1910-1920 W 144th St
Gardena, CA 90249


HIGHLIGHTS

  • Excellent Investment Opportunity
  • 5.0% Cap Rate @ $300/SF
  • 2-Building Project
  • Heavy Power
  • Great Submarket of Los Angeles

OVERVIEW

1910-1920 West 144th Street is a rare opportunity to purchase an industrial leased investment in the South Bay submarket of Los Angeles. The two buildings total 25,056 square feet and sits on two parcels of land totaling approximately 29,328 square feet (.67 acres). The two buildings are of brick construction with a large opening between the two buildings. The property has heavy power with two panels (600 amp 400 volt 3-phase and 600 amps 240 volt 3-phase). The ground level doors for each building are oversized measuring approximately 14’ x 14’. There is plenty of natural light coming in the warehouse with skylights throughout the entire building. Both buildings have fire sprinklers. The smaller building has approximately 1,500 square feet of unfinished bonus mezzanine space (not included in the square footage) and the larger building has approximately 1,600 square feet of window-lined second (2nd) floor office space with an expansive open floor layout. The Seller, Presentation Media Incorporated (PMI) occupies the Premises for their sign, trade show exhibit and large format printing business. PMI was established in 1969 and has acquired a few companies throughout the years (Classic Letters in 2007, ColorTek in 2011, ESP Exhibits in 2012, Adage Graphics in 2015 & Tandem Exhibits in 2016). They have been headquartered out of 1910-1920 West 144th Street since 2018 and have made extensive upgrades throughout the years.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Lighting, Gas, Water, Sewer

CLEAR CEILING HT

14.833333333333334 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.67

LAND SF

29,185

ZONING

C3 Mixed Use Overlay

APN/PARCEL ID

4062-003-002,4062-003-003

ASK ABOUT THIS PROPERTY

Albert PaclebLos Angeles Commercial Real Estate ServicesMore Info
562-256-4684

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Albert PaclebLos Angeles Commercial Real Estate ServicesMore Info
562-256-4684

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.