Property
Listing Agent: Jonathan Nikfarjam (DRE #01856803) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Jonathan Nikfarjam · Shield CRE, Inc. · MLS #23248433 · Source: CRMLS
Call for Offers - Offers Due by Wednesday, March 29, 2023 | Highly Desirable Gardena Location - One Block South of Redondo Beach Boulevard | Residential Asset - Perfect Owner-User Opportunity | 1989 Construction | Tremendous Value-Add Opportunity - Approximately 72% in Rental Upside | 6.60% Pro-Forma CAP Rate & 11.23 Pro-Forma GRM | Individual Hot Water Heaters for Each Unit, Three of Which Are Brand New | 5,184-Square Foot Building on a Large 9,246-Square Foot Lot | Desirable Opportunity to Add an ADU (Accessory Dwelling Unit) | Outstanding Unit Mix of Spacious 2-Bedroom & 3-Bedroom Units | Front 3-Bedroom/2.5-Bathroom Townhouse Unit with Washer/Dryer Hook-Ups, Fireplace & Two-Car Garage with Direct Access | 2-Bedroom/1.5-Bathroom Townhouse Unit with Private Yard & Two-Car Garage with Direct Access | On-Site Laundry Facility & Total of Seven Garage Parking Spaces | Located a Half-Mile from the Pacific Square Shopping Center
Listing description from the May 2023 sale, as reported to CRMLS.