14719 Berendo Avenue, Gardena, CA 90247
  • MLS#: SB24234386 ( Apartment )
  • Street Address: 14719 Berendo Avenue
  • Viewed: 6
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 66
  • Additional Information
  • County: LOS ANGELES
  • City: Gardena
  • Zipcode: 90247
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Cameron Cameron
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 5187.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 29
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
  2. Gas Dryer Hookup
  3. Washer Hookup
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 132478.00
Parcel Number
  1. 6114022020
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 427308432:CRM
Totalexpenses
  1. 67193.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1960
Year Built Source
  1. Assessor
Zoning
  1. GAR3