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.
Asking Price: $2,200,000
14719 Berendo, Gardena CA 90247
Community: 119 - Central Gardena
This Apartment property was built in 1960 and is priced at $2,200,000. Please see the additional details below.
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.
