Multifamily For Sale • 7,323 SF
| Highly Desirable Gardena Location – South of Redondo Beach Boulevard | 1985 Construction | No L.A. City Rent Control - Defaults to AB 1482* |
| Tremendous Value-Add Opportunity – Approximately 58% in Rental Upside | 7.62% Pro-Forma Cap Rate & 9.77 Pro-Forma GRM |
| Outstanding Unit Mix of 3-Bedroom and 2-Bedroom Units | 7,323-SF Building on a Large 11,436-Square Foot Lot | Total of 15 Parking Spaces |
| Desirable Opportunity to Add ADUs | Spacious Units – Averaging Approximately 1,046-SF Per Unit |
| Private Balconies | New Hot Water Heater with New Circulation Pump (2025) | On-Site Laundry Facility - Generates Additional Annual Income |
| Close Proximity to Pacific Square Shopping Center & Gardena Market Place |
| Cap Rate: | 3.98 % |
| Total Expenses: | $53,485 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 18 min | - | 10.4 mi |
| Long Beach (Daugherty Field) | 19 min | - | 11.6 mi |
| Bob Hope | 43 min | - | 30.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 15 |
| Type: | Covered |
| Included in Rent: | Yes |