Detail

14719 Berendo, Gardena CA 90247 | $2,200,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 7503 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1960
  • MLS#: SB24234386
  • Community: 119 - Central Gardena

Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-11-26 09:11:19.000000. Listing information © 2024 SANDICOR.

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.

More Details

0.17 Acres
2 Stories

Michael Citrin

Call or Text: 858-755-0075

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