15001 S Figueroa St - Distribution FOR SALE


Gardena, CA 90248- Harbor Gateway North
$24,900,000 USD
818-519-1429
15001 S Figueroa St, Gardena, CA for Sale
$24,900,000 USD
Distribution - FOR SALE
1/29
null | Request Cap Rate

15001 S Figueroa St
Gardena, CA 90248
Harbor Gateway North


HIGHLIGHTS

  • Rare Owner-User Opportunity in a Supply-Constrained South Bay Submarket
  • Value-Add Industrial Opportunity
  • Mark-to-Market Rent Upside Across Existing Rent Roll
  • Near-Term Lease Control with Immediate Repositioning Opportunity
  • Anchor Tenant Provides Stable Income Floor Through November 2028
  • High-Demand Small-Bay Industrial Product

OVERVIEW

Matthew Luchs, Andrew Sinasohn, and Jacob De La Hoya of Zacuto Group, as exclusive advisors, present for sale 15001 S Figueroa Street, Gardena, CA, a ±111,266 square foot multi tenant industrial flex asset situated on ±148,975 square feet (±3.42 acres) of LAMR1-zoned land in the South Bay / Harbor Gateway North submarket. The property is currently 68.1% occupied (69,826 SF) across 14 of 25 units, with 33,786 SF (31.87%) vacant across 11 units. The vacancy is functional, divisible, and immediately leasable, with unit sizes ranging from ±1,000 SF to 13,090 SF, allowing for broad tenant demand and flexible lease-up execution. In-place rents range from approximately $1.00–$1.67/SF, compared to market levels near $1.50/SF, creating a clear path to increased revenue through both lease-up and mark-to-market rent growth without requiring significant capital improvements. A total of 28,223 SF (26.62% of the building) rolls in 2026, giving a new owner near-term control over a meaningful portion of the asset. This allows for rent resets, tenant mix improvement, and potential unit consolidation to accommodate larger users. A 40,000 SF tenant (Ball Family Farms) occupies 39.5% of the property through November 2028, providing consistent base income during the lease-up and repositioning phase. The remaining tenancy is diversified across small-bay users, limiting reliance on any single tenant outside of the anchor. The property is configured as a functional small bay industrial project with twelve (eleven dock-high and one ground) loading bays, three-phase power (240V / 420V / 3-phase), secured gated access, and 38 surface parking spaces. The layout supports logistics, storage, light manufacturing, contractor, and service-oriented industrial users, the most active tenant segment in the South Bay. The site is located at the intersection of S Figueroa Street and W Compton Boulevard, with immediate access to the I-110 Freeway, one of the primary freight corridors connecting the Ports of Los Angeles and Long Beach to the greater Los Angeles basin. The property is approximately 14 miles from the Ports and 8 miles from LAX, positioning it within a core infill, port-adjacent industrial market with sustained tenant demand and limited new supply.

FOR SALE DETAILS

PRICE

$24,900,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

111,266 SF Warehouse + 12 Docks + Gated Lot

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

Water - City, Heating

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

38

LAND DETAILS

LAND ACRES

3.42

LAND SF

148,975

ZONING

MR1

APN/PARCEL ID

6120-029-009

ASK ABOUT THIS PROPERTY

Matthew LuchsZacuto GroupMore Info
818-519-1429

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Matthew LuchsZacuto GroupMore Info
818-519-1429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.