30Sep

Ron Mgrublian - Lee & Associates sold the ±18,000 SF freestanding industrial building at 125 W. 157th St, Gardena, CA, featuring a fenced yard, three ground-level doors, and prime access to major freeways in LA Unincorporated M2 zoning with no city business tax.

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.

30Jul

E-Commerce is one of the segments faring well in these times of COVID-19 as explained in the 2nd Quarter 2020 Long Beach - Los Angeles Industrial Real Estate Market Report.

While many parts of the economy are down right now, manufacturing, e-commerce and cold storage appear to be the segments doing well in Industrial Real Estate.  Though  vacancy rates remain at historic lows, there was a slight uptick from Q1 to Q2.  Lease rates however remained unchanged, CLICK HERE FOR FULL REPORT

24Apr

Recap of the 2020 1st quarter Commercial Industrial Real Estate Market activity for the Los Angeles - Long Beach area in Southern California.

COVID-19 has impacted the Los Angeles/Long Beach Industrial markets on the heels of another record breaking year in 2019.  Q1 saw a slight increase in the vacancy rate, but also an increase in the average asking lease rate.  Congress passed the Payroll Protection Program (PPP) and other programs designed to provide relief and 1031 exchange buyers received extended deadlines.  CLICK HERE TO READ THE FULL REPORT

23Apr

INDUSTRIAL REAL ESTATE MARKET OVERVIEW - Q1 2020

The vacancy rate rose in the San Gabriel Valley Industrial Market in first quarter of 2020.  New construction brought additional square footage to the marketplace adding over one million square feet.  It will be interesting to see how this new supply is absorbed as situation regarding COVID-19 continues to unfold.  Click here for more details.