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Residential Income - 14506 S Normandie Avenue, Gardena, CA

$1,288,000

14506 S Normandie Avenue, Gardena, CA

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Description

Conveniently located apartment complex with great upside potential for an owner / investor!!! Single building 4 unit residential apartment consisting of two 2 bedroom 1 bath units and two 1 bedrooms 1 bath units with a separate enclosed garage providing one parking space per unit. An ADU may also be possible in the garage area. The flexibility of below market month to month rents (3 of 4 tenants) and the opportunity for high impact improvements provides the basis to add significant value. Unit 1 has been recently improved and is now generating a market rent (significantly higher than the other two bedroom one bath unit). A perfect income and owner user opportunity for all Investors! Extremely desirable location walking distance to restaurants and close proximity to nearby markets and shops. Easy access public transportation, and to the 110, 91, 105, & 405 freeways. *****DO NOT WALK ON THE PROPERTY OR DISTURB THE TENANTS. DRIVE BY ONLY. MORE INFORMATION TEXT OR E-MAIL JOHN PARK. DIRECT PHONE # & EMAIL IS BELOW. *****

Property details

Year built
1957
Property type
Residential Income
Lot size
6,166 sqft

Location

14506 S Normandie Avenue • Gardena, CA 90247

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Listed by

Jenny Park · Pacific Investment Group

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Recent sales near 14506 S Normandie Avenue

Closed sales reported in 90247, nearest first, last 12 months. All recent sales in Gardena →

Sale history for 14506 S Normandie Avenue → (2 recorded sales)