Bought with Mark Leddy • Compass
$1,422,000
$1,595,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
4,133 SqFt
SOLD DATE : 10/18/2021
Key Details
Sold Price $1,422,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,133 sqft
Price per Sqft $344
MLS Listing ID CREV20176575
Sold Date 10/18/21
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 6,303 Sqft
Property Description
5-Unit apartment building located within the core of Gardena. Great unit mix of (1) 3 bed 2 bath, (1) 2 bed 1 bath, (3) 1 bed 1 bath, 5 enclosed garages (rented) and onsite laundry. Stabilized income stream with long term upside. Most major components of building have been modernized copper piping, upgraded electrical, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system that can be viewed via app anytime. Existing landscape requires almost zero monthly maintenance. Laundry can be increased for additional income. Property is nearly turnkey for the most discriminating local or long distance investor. Additionally the existing annual scheduled rents are $111,036 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2022 with balance of ± $835,000.
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace No
Laundry Other
Building
Lot Description Cul-De-Sac
Water Public
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