Multifamily For Sale • 38,590 SF
| Desirable Gardena Location – Approximately 1 Mile from SpaceX and 3 Miles from SoFi Stadium & Intuit Dome | No Local Rent Control (AB 1482 Only)* |
| Total of 32 Units Situated on 5 Separate Parcels – Each with Own APN | Outstanding Unit Mix | Total of 38,590-SF on a Large 38,990-SF Combined Lot |
| 6.44% Current Cap Rate & 10.09 Current GRM | 7.32% Pro-Forma Cap Rate & 9.19 Pro-Forma GRM |
| Over $1,500,000 in Capital Expenditures Over the Past 5 Years, Including Approximately $774,000 in Interior and In-Unit Renovations |
| Most Units Renovated | Extensive Electrical Upgrades - Majority of Units Contain Updated Interior Subpanels | New Roofs on 5 of the 6 Buildings |
| New Main Sewer Lines, New Hot Water Heaters & Upgraded Plumbing | On-Site Laundry Facilities & Total of 32 Parking Spaces |
| Cap Rate: | 6.44 % |
| Total Expenses: | $335,483 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 13 min | - | 8.1 mi |
| Long Beach (Daugherty Field) | 20 min | - | 14.1 mi |
| Bob Hope | 40 min | - | 30.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 32 |
| Type: | Covered |
| Included in Rent: | Yes |