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This is a rare opportunity to acquire a high-performing, income-generating 7-unit commercial office building in a prime Gardena location." The property is currently producing approximately $15,000 per month in rental income from six fully leased office suites, reflecting a current cap rate of 6.78%. An additional vacant unit—currently used by the owner for storage—can easily be converted back into leasable space, offering the potential to increase total monthly income to approximately $16,500–$17,000 and achieve a pro forma cap rate of up to 7.75% with full occupancy.The building is primarily occupied by hospice care and medical-related tenants, making it an ideal opportunity for investors or owner-users in the healthcare industry. The property has undergone recent upgrades, including a new roof, new skylight roofing, four new HVAC units, interior and exterior painting, new laminate flooring in renovated suites, and a new mailbox system. These improvements enhance both functionality and long-term value, minimizing future capital expenditures for the next owner.Located in the heart of Gardena, this building is strategically positioned near key medical facilities including Memorial Hospital of Gardena and Kaiser Permanente Gardena Medical Offices, with quick access to major freeways such as the I-110, I-105, and I-405. The area is well-supported by local amenities, including pharmacies, restaurants, banks, and service-oriented retail—making it an attractive location for tenants and clients alike.The building sits on approximately 0.20 acres and offers on-site parking for tenants and visitors. With C3 zoning, the property supports a wide range of professional and medical office uses. This asset represents a turnkey opportunity with stable, healthcare-focused tenancy and value-add potential through leasing the seventh unit. Perfect for investors seeking consistent cash flow or operators looking to expand in a medical/hospice-friendly corridor.With strong in-place income, medical tenancy, and value-add potential, this is a rare opportunity to own a well-maintained office building in the heart of Gardena’s healthcare district.
Property Type(s):
Commercial
| Last Updated | 5/9/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | Hollypark | County | Los Angeles |
Additional Details
| AIR | Central Air, ENERGY STAR Qualified Equipment |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Hollypark |
| CONSTRUCTION | Drywall, Stucco |
| HEAT | Central, ENERGY STAR Qualified Equipment |
| LOT | 8798 sq ft |
| LOT DESCRIPTION | 6-10 Units/Acre, Landscaped |
| STORIES | 2 |
| TAXES | 21327.38 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: 220 Volts |
| WATER | Public |
Location
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Listed with SoCal 5 Real Estate
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