20-Bedroom ResidentialIncome — 814 W Redondo Beach Boulevard, Gardena, CA

About this property

1986 Construction | Property is Not Subject to L.A. RSO - Defaults to AB 1482 | Attractive Assumable Loan of Approximately $1,472,000 at 3.57% Fixed Until May 2032 | Large 16,926-SF Lot | Unit Mix of (1) 2-Bedroom/2-Bathroom Unit & (9) 2-Bedroom/1-Bathroom Units | Large Lot & Ample Parking Area Present Desirable Opportunity to Add Up to 8 ADUs | Each Unit Contains Individual Hot Water Heaters & Air Conditioning | 5.24% Cap Rate & 11.99 GRM | 6.38% Pro-Forma Cap Rate & 10.01 Pro-Forma GRM | Three Storage Units and 2 Garages - Generate Additional Income | Gated Building with Newer Windows & Concrete Parking Lot with Total of 20 Parking Spaces | Located a Few Blocks from Gardena Plaza, Tokyo Central Market, Hustler Casino & Memorial Hospital of Gardena | On-Site Laundry Facility

Property details

Location

814 W Redondo Beach Boulevard • Gardena, CA 90247

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Listed by

Jonathan Nikfarjam · Shield CRE, Inc.