$1,400,000
$1,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
17840 S Western AVE Gardena, CA 90248
0.38 Acres Lot
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS14211883
Sold Date 12/30/14
HOA Y/N No
Year Built 1935
Lot Size 0.375 Acres
Property Description
Single tenant with NNN lease, tenant pay all property tax&insurance&maintance,famous janpanese raman store(Shin Sen Gumi) use for central kitchen,original 10 years lease,4 years left with 2x5 years option,3.5%annually rent increase.very steady investment with 8.03% cap rate.35% downpayment may get 10.88% cash on cas return!!17830-17840 south Western ave.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning Ga M1
Interior
Fireplace No
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6106015060
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with FRANK JENG • KO TAI REALTY