2426 Marine Ave, Gardena, CA 90249

Property Description

The property is a 1,478 square foot single family residence built in 1948. The improvements consist of 2 bedrooms and 1 bath with a spacious living room and recently remodeled kitchen, laundry room, plus a bonus room that also has a small kitchenette with oven/stove and shower stall. Large driveway with ample room for parking multiple vehicles. This single family residence is situated on a 6,663 square foot commercially zoned lot (C-3). The residential use is "grandfathered in" as a non-conforming use that is allowed by the City of Gardena. This means that it can continue to be used as a single family residence. However, due to the commercial zoning, it is not possible to obtain a standard conforming SFR mortgage for financing. A buyer will need to obtain a commercial loan which will more than likely be 70-75% loan to value. The property can be used by a commercial business provided that it is a business that obtains an HOP (Home Occupation Permit) that does not have customers receiving any services at this location or buying retail merchandise onsite. Buyers are hereby given notice to verify all of the above information and that your intended use for that property complies with the City of Gardena Planning Department. The property is located in Gardena just east of Crenshaw Boulevard on Marine Avenue, which has a variety of commercial and single family residences on the street. Very convenient to 105 freeway and major employers in the Southbay.