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15338 Eriel Avenue, Gardena, CA 90249

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For Sale

$3,200,000

6 beds • 3 baths • 3,670 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $871.93
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Located at the southwest corner of Crenshaw and 154th Street, straddling the Gardena and Los Angeles boundary, this expansive property comprises three parcels, each uniquely zoned for both residential (R-3) and commercial (C-2) purposes, spanning a total area of 20,817 square feet. - **Parcel 4070-001-024**: This parcel features two residences, located at 15343 S Eriel Ave and 15338 Eriel Ave in Gardena, CA 90249. Collectively, these homes are valued at approximately $1,740,537. - **Parcel 4070-001-023**: Currently utilized as a parking and storage space for La Villa Restaurant, this parcel's estimated value stands around $713,000. - **Parcel 4070-001-022**: A combination of the La Villa Restaurant, situated at 15333 Crenshaw Blvd, Gardena, CA 90249, and a residential property at 15326 S Eriel Ave, Gardena, CA 90249. The combined estimated value of these properties is about $1,753,000. The collective estimated value of these parcels is approximately $4,206,527. Offered for sale at $3,200,000, this presents an opportunity for the new owner to gain around $1,000,000 in value. This distinctive property offers the best of both worlds: residential tranquility on the west side within El Camino Village, boasting significant traffic with over 26,539 vehicles per day (VPD) on 154th Street. On the east side, facing Crenshaw Boulevard - a bustling thoroughfare with over 27,865 VPD - the parcels are zoned C-2, suitable for commercial development. This property's uniqueness lies in its dual zoning, offering flexibility for both residential and commercial use. Additionally, there is potential for further development, with the city permitting up to 20 units on the site. This blend of residential charm and commercial opportunity makes it a rare find in a sought-after location. Under SBAP - Minimum Density 24 and Maxium Density will allow up to 72 Units
MLS# SB24010599

Courtesy Of Thompson Team Properties

(310) 493-2177

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 15338 Eriel Avenue, Gardena, CA 90249

Home seller CENTURY 21 Union Realty Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Union Realty Co.

(310) 371-6330
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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