Property Detail

13919 Normandie

Gardena CA 90249

$5,999,000

Status: Active

Property Details

Description

Rare opportunity to acquire a newly built (2024) 21-unit studio apartment community in Gardena, CA. Recently stabilized with occupancy exceeding 90%, the property features market-rate rents, modern construction, RUBS utility reimbursement, Community WIFI managed system, separately metered electricity, and professionally managed operations. Strong in-place cash flow with additional upside through continued lease-up and future rent growth. See Offering Memorandum and pro forma for complete financial details.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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