Highly Desirable Gardena Location: Well-positioned asset located south of Redondo Beach Boulevard. Attractive Unit Mix: Unit composition consisting of (1) 3-bedroom/2-bathroom townhouse unit, (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit and (1) studio/1-bathroom unit. Strong In-Place Income & Financials: 5.63% current cap rate and 12.20 GRM with a projected 6.64% cap rate and 10.82 GRM, offering both stable income and growth. Ample Garage Parking: Total of 5 garage spaces. Strong Retail & Lifestyle Amenities: Ideally situated near Pacific Square Shopping Center and Artesia Boulevard, offering tenants convenient access to a variety of retail, dining, and entertainment options. Stable South Bay Investment: Excellent opportunity to acquire a well-located multifamily asset in the South Bay with strong current returns and long-term appreciation potential.
| MLS # | 26844525 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 99 |
| Listing Provided By | Shield CRE, Inc. | Jonathan Nikfarjam |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,527 |
| Garage | 5 |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Zoning | GAR3 |
| Acreage | 0.15 |
| Appliances | Dryer, Washer |
|---|
| Parking Features | Garage |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90247 |
| Area | 119 Central Gardena |
| Listing VS Median (in 90247) | |
Price: $1,595,000 low | high Med: $769,000 sqft: 3,527 low | high Med: 1,684 $ / sqft: $452 low | high Med: $458 On site: 99 low | high Med: 33 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90247 |
| Area | 119 Central Gardena |
| Listing VS Median (in 90247) | |
Price: $1,595,000 low | high Med: $769,000 sqft: 3,527 low | high Med: 1,684 $ / sqft: $452 low | high Med: $458 On site: 99 low | high Med: 33 | |