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$5,950,000
Est. payment /mo
0.78 Acres Lot
UPDATED:
12/05/2024 05:17 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24219747
HOA Y/N No
Year Built 1951
Lot Size 0.783 Acres
Property Description
6.16% in place cap rate and 11.15 GRM - NON RENT
CONTROLLED ASSET!
This fully renovated and high cash-flowing 23 unit
asset is located on a massive 34,122 sq ft lot.
Property comes with 21 parking spaces and every
unit features new floors, cabinets, bathrooms,
kitchens and all units are equipped with washer
and dryer in unit. Perfect for family rentals. As a fully
turned asset this property has very low
maintenance. All new windows, roofs, plumbing.
This is a perfect turn key asset for any buyer and
will 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 from
major employers and new developments such as
SpaceX, Amazon Ring, Boeing, Hollywood Park and
SoFi Stadium.
OM in the supplements.
CONTROLLED ASSET!
This fully renovated and high cash-flowing 23 unit
asset is located on a massive 34,122 sq ft lot.
Property comes with 21 parking spaces and every
unit features new floors, cabinets, bathrooms,
kitchens and all units are equipped with washer
and dryer in unit. Perfect for family rentals. As a fully
turned asset this property has very low
maintenance. All new windows, roofs, plumbing.
This is a perfect turn key asset for any buyer and
will 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 from
major employers and new developments such as
SpaceX, Amazon Ring, Boeing, Hollywood Park and
SoFi Stadium.
OM in the supplements.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Urban
Total Parking Spaces 21
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6115004006
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556