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814 W Redondo Beach Blvd
Gardena, CA 90247 Harbor Gateway North

$2,895,000 USD

Apartments For Sale • 9,200 SF

Property Details

Property Type Apartments
Total Building Size 9,200 SF
Lot Size 0.39 AC
Building Class C
Year Built 1986
Cap Rate 5.24 %
Zoning LARD6

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                1986 Construction | Property is Not Subject to L.A. RSO – Defaults to AB 1482
                            
                                Attractive Assumable Loan of Approximately $1,472,000 at 3.57% Fixed Until May 2032 | Large 16,926-SF Lot
                            
                                Unit Mix of (1) 2-Bedroom/2-Bathroom Unit & (9) 2-Bedroom/1-Bathroom Units
                            
                                Large Lot & Ample Parking Area Present Desirable Opportunity to Add Up to 8 ADUs | Three Storage Units and 2 Garages - Generate Additional Income
                            
                                Each Unit Contains Individual Hot Water Heaters & Air Conditioning | Gated Building w/ Newer Windows & Concrete Parking Lot w/  20 Parking Spaces
                            
                                5.24% Cap Rate & 11.99 GRM | 6.38% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM

Financial Summary (Actual)

Net Operating Income: $151,555 USD (2025)

Cap Rate:	5.24 %
Total Expenses:	$90,150 USD

Amenities

Air Conditioning
Laundry Facilities

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	17 min	-	10.7 mi
Long Beach (Daugherty Field)	17 min	-	11.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Surface
Included in Rent:	Yes

Jonathan Nikfarjam 310-593-9868 Shield Commercial Real Estate

814 W Redondo Beach Blvd Gardena, CA 90247 Harbor Gateway North