$2,200,000
14719 S Berendo Avenue Gardena, CA 90247
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$2,200,000
Est. payment /mo
8 Beds
4 Baths
7,503 Sqft Lot
UPDATED:
11/20/2024 05:09 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24234386
Bedrooms 8
HOA Y/N No
Lot Size 7,503 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.
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.
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.
Location
State CA
County Los Angeles
Area Gardena (90247)
Zoning Assessor
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $147
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,158
Listing Terms Cash, Conventional, Exchange
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Listed by Lyon Stahl Investment Real Estate, Inc.
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