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    14412 S Berendo Avenue

    Gardena, CA 90247
    • $2,300,000
    • STATUS: Active Under Contract
    • ON SITE: 46 days
    • ID#: 20617112
    Under Contract
    UPDATED: 79 min ago
    $2,300,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    We are pleased to present the opportunity to acquire a twelve unit multi-family property in Gardena, California. This two-story property consists of (12) twelve spacious one-bedroom/one-bath units. Built in 1958, this property has 7,728 square feet of rentable space and sits on a 14,122 square foot lot. The property currently has (3) three vacancies, (2) two of which are rent ready and (1) that is down. Sellers have owned the property within the family for a long time and have maintained the property and grounds extremely well. In addition to on-site laundry facilities and machines (owned by the Seller), the property also provides tenants with (2) two-car private garages in the front along with (4) four open spaces and (8) eight covered spots in the rear. There is potential for additional parking spaces in the rear. Capital improvements include a newer roof, master water heater and new windows for (7) seven of the units. The units are individually metered for gas and electricity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/108775513
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    14412 S Berendo Avenue Gardena, CA 90247

    • Price: $2,300,000
    • Status: Active Under Contract
    • Updated: 79 min ago
    • ID#: 20617112
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1958
    Built
    Neighborhood:
    118 - Pacific Square
    County:
    Los Angeles
    Area:
    118 - Pacific Square
    Property Description
    We are pleased to present the opportunity to acquire a twelve unit multi-family property in Gardena, California. This two-story property consists of (12) twelve spacious one-bedroom/one-bath units. Built in 1958, this property has 7,728 square feet of rentable space and sits on a 14,122 square foot lot. The property currently has (3) three vacancies, (2) two of which are rent ready and (1) that is down. Sellers have owned the property within the family for a long time and have maintained the property and grounds extremely well. In addition to on-site laundry facilities and machines (owned by the Seller), the property also provides tenants with (2) two-car private garages in the front along with (4) four open spaces and (8) eight covered spots in the rear. There is potential for additional parking spaces in the rear. Capital improvements include a newer roof, master water heater and new windows for (7) seven of the units. The units are individually metered for gas and electricity.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No Heating Central Heating YN Yes

    Property Features

    Gross Income 185040.00 Gross Multiplier 12.43 Gross Operating Income 185040.00 Net Operating Income 121817.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 59112.00 Zoning Gac3

    Listing provided courtesy of Sevak Keshishian of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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