Property Detail

Description

Highly Desirable Gardena Location - South of Redondo Beach Boulevard | 13 Units Remodeled with Stainless Steel Kitchen Appliances, Granite Counters, Crown & Base Moldings, New Doors, Double-Pane Windows, Light Fixtures and New Closets | Unit Mix of (10) 2-Bedroom/1-Bathroom Units & (8) 1-Bedroom/1-Bathroom Units | 5.13% Cap Rate & 11.82 GRM | 6.44% Pro-Forma Cap Rate & 10.14 Pro-Forma GRM | 13,832-SF Building on a Large 19,336-Square Foot Corner Lot | Total of 18 Garages - Each Unit Contains a 1-Car Garage | Gated Building with Intercom Access | Pool | 2 On-Site Laundry Facilities - Generates Additional Annual Income | No L.A. City Rent Control - Defaults to AB 1482* | Large Lot & Ample Parking Areas Present Desirable Opportunity to Add ADUs | Close Proximity to Pacific Square Shopping Center, Gardena Market Place, SoFi Stadium & Intuit Dome