14719 S Berendo Avenue
Gardena, CA 90247
Active for $2,200,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,503 sqft
| MLS | SB24234386 |
| Year Built | 1960 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $2,200,000 |
| Structure Size | N/A sqft |
| Lot Size | 7,503 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Sahil Nandwani
REALTOR®
Direct: 213.880.3997
Email: Email Me
DRE: 02022979
DRE #01873088
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