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About the Listing 0086 - PBUSTGEO
8.96% CAP rate!! 14015 Van Ness Ave. is a well-maintained two-story commercial office building that features seven fully leased units, providing exceptional cash flow with an excellent CAP rate. With a large portion of the tenants currently on month-to-month leases, the property offers flexibility for an investor seeking to reposition rents or for a future owner-user looking to occupy all or a portion of the building. This is an excellent opportunity to acquire a stable, high yielding income producing asset. The building’s efficient layout and flexible floor plans make it well suited for professional and medical offices, back-office operations, and service-oriented businesses, allowing for a variety of tenant sizes and configurations. Recent capital improvements reflect proactive ownership and help mitigate the likelihood of upcoming capital expenses. Completed in 2022, these upgrades include a newer roof and skylights, four newer HVAC units, fresh interior/exterior paint, and newer flooring in renovated suites. Additional property features include air conditioning and heating in all units, three common area restrooms, and select in-suite restrooms for added convenience. The property is further enhanced by a central open courtyard that fills the space with abundant natural light, 12 parking spaces plus an on-site parking lot providing ample parking for both tenants and visitors, a gated perimeter, and a building alarm system that offers an added layer of security for occupants and their clientele.
Listing Highlights
Status
Active
Days on Site
97
Property Type
Commercial Sale
MLS ®
PW26041981
Year Built
1960
Total Square Footage
6,404
Lot/Acreage
0.2
County
Los Angeles
Area
114 - Hollypark
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof: Flat
- Others: Drywall,Stucco
- Sewer:
Financial Details
- Tax Amount: $20,625
- Taxes w/Assessments: N/A
- Tax/Property ID: 4059017030
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
14015 Van Ness Ave Gardena, CA 90249
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