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6.16% in place cap rate and 11.15 GRM - NON RENTCONTROLLED ASSET!This fully renovated and high cash-flowing 23 unitasset is located on a massive 34,122 sq ft lot.Property comes with 21 parking spaces and everyunit features new floors, cabinets, bathrooms,kitchens and all units are equipped with washerand dryer in unit. Perfect for family rentals. As a fullyturned asset this property has very lowmaintenance. All new windows, roofs, plumbing.This is a perfect turn key asset for any buyer andwill produce incredible cash flow.134th St has an ideal unit mix consisting of(1)3Bed/1Bath, (3) 2Bed/1Bath, & (18) 1Bed/1Bath and(1) Studio/1Bath units.The subject property is just minutes away frommajor employers and new developments such asSpaceX, Amazon Ring, Boeing, Hollywood Park andSoFi Stadium.OM in the supplements.
Property Type(s):
Residential Income
| Last Updated | 11/13/2024 | Year Built | 1951 |
|---|---|---|---|
| Community | Central Gardena | County | Los Angeles |
Price History
| Prior to Nov 13, '24 | $6,050,000 |
|---|---|
| Nov 13, '24 - Today | $5,950,000 |
Additional Details
| AREA | Central Gardena |
|---|---|
| LOT | 0.78 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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