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Residential Income - 13919 S Normandie Avenue 20, Gardena, CA

$5,999,999

13919 S Normandie Avenue 20, Gardena, CA

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Description

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
Residential Income
Lot size
15,356 sqft

Location

13919 S Normandie Avenue 20 • Gardena, CA 90249

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Listed by

Lee Johnson · Berkshire Hathaway HomeServices California Properties

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