$ 2,200,000
14719 South Berendo Avenue Gardena, CA 90247
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 2,200,000
Est. payment | /mo
5,187 SqFt
$ 2,200,000
Est. payment | /mo
5,187 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,187 sqft
Price per Sqft $424
MLS Listing ID SB-24234386
Year Built 1960
Lot Size 7,503 Sqft
Property 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.
Location
State CA
County Los Angeles
Zoning GAR3
Interior
Laundry Community, Gas Dryer Hookup, Washer Hookup
Exterior
Garage Gated
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424