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Cash-Flowing Today, Growth Tomorrow!" Invest in a rare opportunity to own a fully upgraded, income-generating office building in the heart of Gardena's medical corridor. This 7-unit property currently produces approximately $15,000/month from six fully leased suites, with a seventh unit easily converted to increase income to $16,500-$17,000"”offering a potential pro forma cap rate of 7.75%. Primarily occupied by healthcare and hospice tenants, this building is ideal for investors seeking stable cash flow or owner-operators looking to expand in a medical-friendly location. Recent upgrades include a new roof and skylights, four new HVAC units, interior and exterior painting, new laminate flooring in renovated suites, and a modern mailbox system"”minimizing future capital expenses. Strategically located near Memorial Hospital of Gardena, Kaiser Permanente Gardena Medical Offices, and major freeways (I-110, I-105, I-405), the property also benefits from nearby amenities like pharmacies, restaurants, banks, and service retail. Sitting on 0.20 acres with on-site parking and C3 zoning, it supports a wide range of professional and medical office uses. This is a turnkey investment with strong existing income, medical-focused tenancy, and clear value-add potential through leasing the seventh unit. Don't miss your chance to own a well-maintained, cash-flowing office property in one of Gardena's most sought-after healthcare districts.
Last Updated | 5/9/2025 | Year Built | 1960 |
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Community | 114 - Hollypark | County | Los Angeles |
Additional Details
AIR | Central Air, ENERGY STAR Qualified Equipment |
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AIR CONDITIONING | Yes |
AREA | 114 - Hollypark |
CONSTRUCTION | Stucco |
HEAT | Central, ENERGY STAR Qualified Equipment |
LOT | 8799 sq ft |
LOT DESCRIPTION | Landscaped |
STORIES | 2 |
TAXES | 21327.38 |
UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
WATER | Public |
Location
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