14719 S Berendo Avenue
Gardena, CA 90247
0.17 acres | #SB24234386
Description
6.02% in place cap rate and 10.47 GRM - NON RENT
CONTROLLED ASSET!
14719 S Berendo Ave is a fully renovated and high
cash-flowing 8 unit apartment building. Each unit
features new floors, kitchens, bathrooms and
fixtures. All major systems are in great condition.
This is a perfect turn key asset for any buyer and
will produce incredible cash flow.
Berendo Ave has an ideal unit mix consisting of (7)
2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The
brand new 649 sqft ADU has washer/dryer hookups
and a/c splits. Beneficial to the new owner, RUBS is
in place and there is a laundry room that produce
an extra $875/month in income.
The subject property is just minutes away from
major employers and new developments such as
SpaceX, Amazon Ring, Boeing, Hollywood Park and
SoFi Stadium.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,200,000
- MLS #SB24234386
- MLS #SB24234386
- Property SubtypeApartment
- Cost2200000
- Acres0.1722
- Utility SourcePublic
- Year Built1960
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cameron Samimi (#SBSAMICAM)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
