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$1,950,000

Beds
4
Baths
3.0
sq ft
8,734

17115 S Figueroa St, Gardena, CA 90248

17115 S Figueroa St

Gardena, CA 90248

  • 143 days on market
    • Price drop $425,000↓
This sale offers the opportunity to purchase an industrial warehouse with a large yard in the city of Huntington Park. Featuring concrete block construction, 14’ clear height, floor drains, well-distributed electrical, fire sprinklers and air conditioning throughout the warehouse, the property has attributes that provide for functionality and long-term value and is suitable for owner/users and investors. The subject property, located at 2547 East 57th Street, consists of a single parcel for a total of 6,498 square feet of land. The site has been improved with an industrial warehouse that has 2,856 square feet of rentable building area. The building is of concrete block construction and has a clear height of 14’. Floor drains have been installed throughout the warehouse area and the building has been outfitted with a fire sprinkler system. The building features 3 HVAC units that provide cooling and heating throughout the entire warehouse. Electrical service is by way of a single panel, 200A, 240V, 1Ph, and is well distributed throughout the building. One roll-up door has been installed at the back of the warehouse providing access to a large, secured yard. The yard features 4 parking stalls, storage areas, lighting, good condition paving and can be accessed from the alley by a motorized rolling gate. Zoning on the site is HPMPD which is an industrial zoning designation that permits numerous types of industrial uses. Situated on 57th Street, west of Pacific Boulevard, the subject property is located in a desirable location in the city of Huntington Park, California. Huntington Park is located in a central location southeast of downtown Los Angeles, providing easy access to downtown and the southern California freeway network. The site is located on a quiet, safe street within the Huntington Park industrial zone. 2547 East 57th Street offers the opportunity to purchase a clean, turnkey industrial warehouse in a desirable location. The property has attributes that provide for functionality and attractive long-term value and is suitable for owner/users and investors alike.

Details

Property type

Mixed Use

Est. home value

$1,360,414

Lot size

0.4088 acres

Price per sq ft

$224

Year built

1960

Price History

07/11/2024
CRMLS

CRMLS #PW24135820

Price change
$1,950,000
-17.89%
07/02/2024
CRMLS

CRMLS #PW24135820

Listed
$2,375,000
-5%
05/03/2024
CRMLS

CRMLS #PW24000643

Removed
$2,500,000

Schools & Community

Neighborhood: 

Harbor Gateway

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Velocity Commercial Capital Llc

Loan start date

February 2020

Original loan amount

$387,000

Est. remaining balance

Not provided

Interest rate

3.73%

Loan type

Commercial

Seller

Jerry S Cartage Logistics Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 7:10 PM

Listing updated: 09/30/2024 at 10:11 PM

Listed by: Derek Caldwell, Marcus & Millichap Phone #: (562) 257-1200

MLS: CRMLS #PW24135820

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