1240 W Gardena Boulevard, Gardena, CA 90247

About this property

Apartment with Attractive Day 1 Cash Flow | The property is operating at a very attractive return on current income. 6 Out of 8 Units Renovated | Renovated units feature new flooring, stainless steel kitchen appliances and updated kitchens and bathrooms. Recent Capital Improvements | Building features new vinyl windows, copper plumbing and new landscaping. Large Floorplans and Private Balconies | The building has a terrific unit mix of 1 and 2 bedroom floorplans and some units feature private balconies. Great Area of South Gardena | The property lies south of Redondo Beach Blvd and west of Vermont Ave on Gardena Blvd. Gardena Blvd features great retail and makes the property very walkable. Ample Parking and On-Site Laundry | The building features 8 covered carport spaces and 2 open spaces as well as 2 washers and 2 dryers.

Listing description from the October 2020 sale, as reported to CRMLS.

Sale history

$2,050,000

Sold October 2020 · listed $2,095,000, on market August 2020 · MLS #20619574 · Source: CRMLS

Listing Agent: John Katnik · Listing Office: James Capital Advisors, Inc. · Contact: 424-325-2604 · Bought with: John Katnik · James Capital Advisors, Inc.

$1,450,000

Sold February 2016 · listed $1,535,000, on market September 2015 · MLS #SB15208329 · Source: CRMLS

Listing Agent: John Mociak · Listing Office: Keller Williams Beach Cities · Contact: 310-376-4600 · Bought with: Michael Millea · Keller Williams Beach Cities

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