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ResidentialIncome — 13919 S Normandie Avenue 20, Gardena, CA

$5,999,000

13919 S Normandie Avenue 20, Gardena, CA

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About this property

Rare opportunity to acquire a newly built (2024) 21-unit studio apartment community in Gardena, CA. Recently stabilized with occupancy exceeding 90%, the property features market-rate rents, modern construction, RUBS utility reimbursement, Community WIFI managed system, separately metered electricity, and professionally managed operations. Strong in-place cash flow with additional upside through continued lease-up and future rent growth. See Offering Memorandum and pro forma for complete financial details.

Property details

Bathrooms
21
Square feet
14,409
Year built
2024
Property type
ResidentialIncome

Location

13919 S Normandie Avenue 20 • Gardena, CA 90249

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Listed by

Lee Johnson · Berkshire Hathaway HomeServices California Properties