Property Detail

Description

Highly Desirable Gardena Location: Well-positioned asset located south of Redondo Beach Boulevard. Attractive Unit Mix: Unit composition consisting of (1) 3-bedroom/2-bathroom townhouse unit, (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit and (1) studio/1-bathroom unit. Strong In-Place Income & Financials: 5.63% current cap rate and 12.20 GRM with a projected 6.64% cap rate and 10.82 GRM, offering both stable income and growth. Ample Garage Parking: Total of 5 garage spaces. Strong Retail & Lifestyle Amenities: Ideally situated near Pacific Square Shopping Center and Artesia Boulevard, offering tenants convenient access to a variety of retail, dining, and entertainment options. Stable South Bay Investment: Excellent opportunity to acquire a well-located multifamily asset in the South Bay with strong current returns and long-term appreciation potential.