Apartments For Sale • 14,305 SF
| LISTING BROKER IS ALSO SERVING AS COURT-APPOINTED REFREE. SALE IS SUBJECT TO COURT CONFIRMATION AND POSSIBLE OVERBID. CONTACT BROKER FOR DETAILS. |
| Twenty units across two buildings situated on an oversized 19,437 square foot parcel, with a combined building area of approximately 14,305 sq ft. |
| Built in 1971, the property is subject only to AB 1482 statewide rent control and is exempt from the Los Angeles Rent Stabilization Ordinance. |
| Approximately 80 percent of units have been renovated with modern interior upgrades, allowing a new owner to benefit from strong in-place income. |
| Significant potential to add up to 7 accessory dwelling units through a combination of conversions and new detached structures (buyer to verify) |
| Centrally located near major South Bay employment centers including SpaceX, Northrop Grumman, Raytheon, Amazon, and Centinela Hospital. |
| Cap Rate: | 5.17 % |
| Total Expenses: | $145,288 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 14 min | - | 7.8 mi |
| Long Beach (Daugherty Field) | 22 min | - | 14.6 mi |
| Bob Hope | 42 min | - | 31.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 2 |
| Type: | Surface |
| Included in Rent: | Yes |