1420 W Redondo Beach Blvd
Gardena, CA, 90247 $ 3,660,000
Bedrooms-- Baths-- Sq 4,053 Listed by Grate Real Estate
for $3,660,000. This 4,053 square foot property was built in 2019 on a lot size of 0.2694.
RARE SOUTH BAY RESTAURANT RETAIL INVESTMENT TRIPLE NET LEASES. Incredible opportunity to acquire a 100% leased, stabilized retail asset located in the heart of Gardena. This newer construction strip center (built in 2019) is anchored by two well-known, experienced operators, Dirt Dog and Pho Hoan both on executed 10-year NNN leases with 10% rental increases every 5 years, including option periods. The property is part of Gardena Plaza, a highly visible corner location at Redondo Beach Blvd and Normandie Ave, boasting traffic counts of over 57,000 vehicles per day. Surrounded by internet-resistant and daily-needs tenants (Starbucks, UPS, Blink Fitness, and more), the center benefits from strong, consistent foot traffic and a dense infill trade area of over 237,000 residents with an average income exceeding $95,784 in a 3-mile radius. With minimal landlord responsibilities due to its true triple net structure and efficiently sized suites (1,600-2,400 SF), this property offers an ideal hands-off investment in one of L.A. County's most resilient submarkets, just blocks from Kaiser Permanente, Gardena Memorial Hospital, and The Hustler Casino. Text or call Listing Agent for the Offering Memorandum
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FeaturesGeneralHOA Fee 0
Year Built 2019
Business Type Food & Beverage
County Los Angeles
Net Operating Income 168602
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Google Maps
City Gardena
Disclosures Familial Relation
Number Of Units Total 2
MLS Area 119 - Central Gardena
Lot Size Units Square Feet
Lot Size Square Feet 11734
Lease Type NNN
Standard Status Active
Cap Rate 4.6
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ExteriorTotal Parking 11
Lot Size Area 11734
Building Area Total 4053
Lot Size Acres 0.2694
Lot Size Source Other
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* Excluded FeaturesNearbyAbout Gardena, CA 59,812 Population
3% Since 2002
$ 51,555 Median Income
39.66 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $3,660,000 | | Listed Price |