$ 2,200,000
14719 S Berendo AVE Gardena, CA 90247
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 2,200,000
Est. payment /mo
Active
14719 S Berendo AVE Gardena, CA 90247
7,501 Sqft Lot
UPDATED:
11/20/2024 01:45 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24234386
HOA Y/N No
Year Built 1960
Lot Size 7,501 Sqft
Property Description
6.02% in place cap rate and 10.47 GRM - NON RENT
CONTROLLED ASSET!
14719 S Berendo Ave is a fully renovated and high
cash-flowing 8 unit apartment building. Each unit
features new floors, kitchens, bathrooms and
fixtures. All major systems are in great condition.
This is a perfect turn key asset for any buyer and
will produce incredible cash flow.
Berendo Ave has an ideal unit mix consisting of (7)
2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The
brand new 649 sqft ADU has washer/dryer hookups
and a/c splits. Beneficial to the new owner, RUBS is
in place and there is a laundry room that produce
an extra $875/month in income.
The subject property is just minutes away from
major employers and new developments such as
SpaceX, Amazon Ring, Boeing, Hollywood Park and
SoFi Stadium.
CONTROLLED ASSET!
14719 S Berendo Ave is a fully renovated and high
cash-flowing 8 unit apartment building. Each unit
features new floors, kitchens, bathrooms and
fixtures. All major systems are in great condition.
This is a perfect turn key asset for any buyer and
will produce incredible cash flow.
Berendo Ave has an ideal unit mix consisting of (7)
2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The
brand new 649 sqft ADU has washer/dryer hookups
and a/c splits. Beneficial to the new owner, RUBS is
in place and there is a laundry room that produce
an extra $875/month in income.
The subject property is just minutes away from
major employers and new developments such as
SpaceX, Amazon Ring, Boeing, Hollywood Park and
SoFi Stadium.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR3
Interior
Fireplace No
Laundry Common Area, Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6114022020
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Lease Land No
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556