14719 S Berendo AVE new

Gardena,CA 90247

$ 2200000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24234386

HOA Y/N No

Year Built 1960

Lot Size 7,501 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

Area 119 - Central Gardena

Zoning GAR3

Interior

Fireplace No

Laundry Common Area,Washer Hookup,Gas Dryer Hookup

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6114022020

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

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