1635 W 145th Street, Gardena, California 90247, Gardena, 90247 - bed, bath
ACTIVE$1,900,000
1635 W 145th Street, Gardena, California 90247
0Bed
0Bath
4,936Sqft
18,553Lot
Year Built
1955
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$385
HOA
-
Days on market
-
Sold On
-
MLS number
SB25010128
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.90M(50th), sqft - 4936(50th), beds - undefined(50th), baths - undefined(50th).
This is a ideal opportunity for a builder developer to small contractor. 2 single family residences with a 2500 square foot industrial building and one 3 car garage and office. The property is zoned R3 in the City of Gardena. Preliminary inquires indicate that the City would allow for a total of 7 units on the property. Owner will consider financing on the sale of the property.
Nearby schools
5/10
One Hundred Fifty-Third Street School
Public,•K-5•0.5mi
4/10
Amestoy Elementary School
Public,•K-5•0.8mi
4/10
Robert E. Peary Middle School
Public,•6-8•1.3mi
3/10
Gardena Senior High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
01/15/25
Listing
$1,900,000
10/01/98
Sold
$210,000
Condition Rating
Tear down
The property was built in 1955, making it 69 years old, and the listing provides no indication of major renovations in the past 50 years. The images primarily showcase an industrial building and a heavily cluttered yard, with no interior photos of the two single-family residences. The description explicitly markets the property as an 'ideal opportunity for a builder developer' due to its R3 zoning and potential for '7 units,' strongly suggesting that the value lies in the land and its redevelopment potential, rather than the existing structures. The absence of residential interior photos further implies the current structures are not a selling point and are likely considered functionally obsolete or in a condition requiring demolition for new construction.
Pros & Cons
Pros
Significant Development Potential: The R3 zoning in Gardena, coupled with preliminary indications for up to 7 units, presents an exceptional opportunity for multi-unit residential development.
Diverse Property Composition: Includes two single-family residences and a 2500 sqft industrial building, offering immediate rental income streams or versatile mixed-use operational possibilities.
Flexible Financing Option: The owner's willingness to consider financing can significantly broaden the buyer pool and facilitate the acquisition for developers or investors.
Generous Lot Size: The substantial 18,553 sqft lot provides ample space for current structures and supports the potential for significant future expansion or redevelopment.
Clear Target Market: Explicitly marketed as an 'ideal opportunity for a builder developer to small contractor,' attracting buyers with the specific vision and resources for this type of project.
Cons
Age and Condition of Structures: Built in 1955, the existing residential and industrial buildings are likely dated and may require substantial renovation or demolition, adding to overall project costs.
Preliminary Development Approval: The 7-unit potential is based on 'preliminary inquiries,' meaning buyers will need to conduct their own due diligence and navigate potentially complex city approval processes.
Niche Buyer Pool: The property's specialized nature as a development opportunity limits its appeal to a niche market of experienced builders and developers, potentially reducing overall buyer competition.