14028 Van Ness Avenue, Gardena, CA, 90249 - Available for Sale

Retail For Sale

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Gardena Post Office

14028 Van Ness Avenue, Gardena, CA 90249

$1,068,000

4,050 SF | Retail

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Retail Property For Sale

Price:
$1,068,000
Building Size:
4,050 SF
Price/SF:
$263.70
Property Type:
Retail
Property Sub-type:
Post Office
Additional Sub-types:
Office-Warehouse
Free Standing Bldg
Specialty Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Commission Split:
2.5%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1960
Lot Size:
13,046 SF
APN / Parcel ID:
4061-028-032
Listing ID
17134247
Last Updated
29 days ago

Find Out More...

Highlights

  • Lease with U. S. Postal Service
  • Stabilized Asset
  • Ample Parking

Description

Rare investment opportunity for a passive investor or institution offering the stability of a lease with the United States Postal Service. The postal operation has been in place for the entire life of the building (50 years) and has a fixed lease on the property until 12/31/2016. The predictable cash flow and relatively low maintenance demands make this property an excellent investment opportunity. USPS reimburses for Maintenance and Taxes.

Tax assessor shows a building sq ft of 4,050 and a lot size of 13,046 sf. The Post Office was dedicated during the J.F. Kennedy presidency. Located in one of the 3 major North-South thoroughfares of the city, a few hundred feet from Rosecrans Blvd, minutes away from 3 major freeways: 105, 405, and 110. 4 minutes to Hawthorne Municipal Airport, and less than 15 minutes to LAX.

Financial Summary

Major Tenant Information

Debt & Equity Information

  • Actual
  • 2010
  • $63,000
  • $63,000
  • $720
  • $62,280

Map of 14028 Van Ness Avenue, Gardena, CA 90249 (Los Angeles County)

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Specialized in 1031 and 1033 exchanges and owner/user buildings

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License #00857818

Asking Price Index Trends for Gardena, CA Retail For Sale

  Jul 14 vs. 3 mo.
prior
Y-O-Y
-
State
$201+1.4%+5.3%
-
Metro
$245+0.7%+5.4%
-
County
$249+1.7%+6.6%

View Gardena Market Trends for other property types for sale or lease. Learn more about the chart info.

Gardena Post Office
  • Retail
  • $1,068,000
  • 4,050 SF