Blog #Lee & Associates

Just Closed – September 2025

Lee & Associates is proud to announce the successful sale of 125 W. 157th St, Gardena, CA 90248 – a standout freestanding industrial property that checked every box for functionality, location, and value.

🔹 Key Highlights:

• Building Size: ±18,000 SF
• Lot Size: ±36,000 SF (fully fenced & paved yard)
• Zoning: LA Unincorporated M2 – No City Business Tax
• Access: 3 Ground Level Doors (Dock High Possible)
• Bonus Features:
  • Unfinished mezzanine for expansion
  • Solar lighting
  • Glass kiln/oven included
  • 4 restrooms + office space

📍 Strategic Location

Nestled in the heart of Gardena’s industrial corridor with direct proximity to the 110, 405, 91, and 105 Freeways, this property offered unmatched logistics efficiency.

🎯 Why It Sold Fast

• Freestanding flexibility
• Yard space for operations & storage
• Cost-saving unincorporated zoning
• Move-in ready with growth potential

Congratulations to the buyer and seller on a smooth transaction!

👤 Ron Mgrublian | Principal | DRE# 01902882 

📞 +1 (562) 354-2537

✉️ rmgrublian@leelalb.com

Another successful close powered by local expertise and global reach.

Located at 2403 E. 223rd Street, Carson, CA 90810, this rare ±4.2-acre (±182,746 SF) parcel offers exceptional I-405 Freeway visibility with over 310,000 average daily vehicles passing directly in front of the site – perfect for branding, automotive, EV charging, or any high-exposure use.

Key Highlights:

• Size: ±182,746 SF (±4.2 acres) of flat, usable land
• Sale Price: $9,685,538 ($53.00 PSF)
• Lease Rate: $70,000 per month (Net)
• Zoning: Commercial Automotive (Carson Auto Row) – broad range of uses including auto sales, service, EV charging stations, etc.
• APN: 7315-012-002 & 7315-012-804
• Direct adjacency to the 405 Freeway and close proximity to SCE Hinson Substation
• Carson’s business-friendly environment: low business license fees & utility taxes
• Heavy traffic counts: 405 Freeway segments show 264,000–291,000+ ADT

Location Advantages:

• Situated in the heart of Carson’s established Auto Row
• Excellent access to 405, 710, and 91 freeways
• Strong surrounding demographics with median household incomes of $84,000+ (1-mile) rising to over $93,000 by 2028

This high-profile site is ideal for auto dealerships, EV charging hubs, equipment storage, or any operation that benefits from maximum freeway exposure and easy access.

Contact:

Ron Mgrublian, 

Principal Lee & Associates 

+1 (562) 354-2537 | rmgrublian@leelalb.com

DRE# 01902882

Lee & Associates is proud to present 12793 Garvey Avenue, a highly functional ±20,847 SF industrial building situated on nearly an acre (±40,847 SF) of land in the heart of Baldwin Park, California. Listed for sale with a negotiable price, this freestanding property offers an outstanding combination of location, visibility, and operational efficiency — ideal for owner-users, investors, or businesses seeking a strategic San Gabriel Valley foothold.

Key Highlights:

• Unbeatable Freeway Visibility – Positioned directly along the heavily traveled 605 and 10 freeways with daily traffic counts exceeding 200,000+ vehicles, providing exceptional signage and branding exposure.
• Building Specifications – 24’–27’ warehouse clearance height, 1,600 Amps of power, three (3) ground-level loading doors, and a spacious fenced and paved yard.
• Ample Parking & Yard Area – 42 on-site parking spaces plus a large secured yard perfect for truck maneuvering, outdoor storage, or future expansion.
• Strategic Infill Location – Minutes from the 605, 10, 210, and 60 freeways, offering seamless access to Los Angeles, Orange County, and the Inland Empire.
• Zoning – I-C (Industrial-Commercial), Baldwin Park, allowing for a wide variety of industrial and commercial uses.  Cannabis Permitted Area.

The property features a clean, open warehouse layout with high ceilings, abundant natural light, and flexible office configurations. Whether you’re a manufacturer or distributor, 12793 Garvey Ave delivers the infrastructure and accessibility needed to support growing operations.

Contact:

Ron Mgrublian, Principal 

Lee & Associates – LA/Long Beach 

P: (562) 354-2537 

E: rmgrublian@leelalb.com

DRE# 01902882

This rare offering combines high-image freeway frontage with functional industrial improvements in one of Southern California’s most supply-constrained submarkets. Opportunities like this don’t last long — schedule your tour today!

GDP Growth: 

• U.S. GDP grew at an annualized 2.8% in Q3, slightly below Q2's 3%.
• Consumer spending rose 3.7%, the fastest since Q1 2023, but residential investment dropped 5.1%, its second consecutive decline.
• Inflation hit the Fed's 2% target, with unemployment steady near 4%.

 Employment: 

• 254,000 jobs were added in September, the largest gain in six months.
• The unemployment rate fell to 4.1%, while wages increased 4% year-over-year.
• Upward revisions to prior months' job numbers highlight ongoing labor market resilience.

 Monetary Policy: 

• The Federal Reserve cut interest rates by 0.5% in September, lowering the federal funds rate to 4.75%-5%.
• Strong job data makes further significant rate cuts unlikely.
• Fed Chair Powell emphasized balancing inflation control with stable employment.

 Global Economy: 

• IMF projects global growth of 3.2% for 2024-2025, with risks from regional conflicts and trade disruptions.
• Emerging Asia sees growth upgrades due to semiconductor demand, while Europe faces downgrades.
• Global inflation is expected to decline from 6.7% in 2023 to 5.8% in 2024 and 4.3% in 2025.
• Long-term growth remains constrained by aging populations and weak productivity.

GDP Growth: Q2 2024

• U.S. GDP grew at a 2.8% annual rate in Q2, up from 1.4% in Q1.
• Growth driven by increased consumer spending, business investment, and inventory growth.
• Consumer spending rose by about 2%, especially in health care, housing, recreation, and durable goods.
• Business investment increased, particularly in equipment and intellectual property.
• Inventory growth was notable in wholesale and retail trade, offset by declines in mining, utilities, and construction.
• Gross domestic purchases prices increased by 2.3%, down from 3.1% in Q1.
• Excluding food and energy, prices increased by 2.5%, down from 3.3% in Q1.
• Personal consumption expenditures price index increased by 2.6%, compared to 3.4% in Q1.
• Current-dollar personal income increased by $237.6 billion, down from $396.8 billion in Q1.
• Real disposable personal income growth slowed, and the personal saving rate decreased to 3.5%.

Employment: Q2 2024

• 206,000 jobs added in June, with a slight rise in the unemployment rate to 4.1%.
• Labor force participation rate increased to 62.6%, driven by prime-age workers.
• Wage growth slowed, with average hourly earnings rising 0.3% from May and 3.9% year-over-year.
• Job growth mainly in government and healthcare sectors.
• Private sector payrolls slowed, with gains in construction offset by declines in manufacturing.
• Job openings rose to 8.14 million in May, but a cooling trend is expected.

Monetary Policy: Q2 2024

• Federal Reserve left the overnight federal funds rate unchanged.
• Potential for at least one interest rate cut in 2024 remains.
• Disinflation resumed, with CPI inflation falling to 3.3% in May.
• FOMC held rates steady, awaiting further evidence of returning inflation to the 2% target.
• Financial markets expect a 0.25% rate reduction in September.
• Labor market showed better balance between supply and demand, with nominal wage increases trending down.

Global Economy: Q2 2024

• IMF forecasted global growth at 3.2% for 2024 and 3.3% for 2025.
• U.S. growth revised to 2.6% for 2024, slowing to 1.9% in 2025.
• Euro area expected to see modest growth driven by services and net exports.
• Japan's growth outlook revised downward due to supply disruptions and weak investment.
• Stronger activity in emerging markets, especially China (5% growth forecast for 2024) and India (7%).
• Latin America faced downward revisions for Brazil and Mexico due to natural disasters and moderating demand.
• Middle East and Central Asia impacted by oil production cuts and regional conflicts, with notable downward revisions for Saudi Arabia and Sudan.

The standout feature of the 3rd Quarter of 2023 was the unexpectedly rapid expansion of the Gross Domestic Product (GDP), outpacing earlier projections and reflecting robust economic performance. This accelerated growth trajectory defied initial forecasts, signaling a buoyant and thriving economy. 

Furthermore, the labor market exhibited remarkable resilience during this period, showcasing sustained employment figures and reinforcing the economy's underlying strength. This continuity in job creation and stability contributed significantly to the overall positive economic landscape. 

In a notable decision, the Federal Reserve opted against raising interest rates, a move indicative of their confidence in the current economic conditions. This decision aimed to sustain the momentum of growth and support ongoing economic recovery without implementing tighter monetary policies. 

Despite persistent world conflicts and geopolitical tensions, several facets of the global economy exhibited signs of improvement. This unexpected resilience and progress in various economic indicators underscored the capacity of certain regions and sectors to navigate challenges and thrive despite prevailing uncertainties. 

Collectively, these factors marked a dynamic and promising quarter for the economy, reflecting both resilience and unexpected vigor in the face of various domestic and international challenges.

Slowing Inflation and a Growing Economy is a positive sign for Q2-2023.