14015 S Budlong Avenue Unit 7, Gardena, CA 90247

$5,850,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,850,000
Status
ACTIVE UNDER CONTRACT
MLS#
PW19146081
Year Built
1963
Lot Size
26,832
Acres
0.62
Lot Location
16-20 Units/Acre
Days on Market
2597
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

"OWNER FLEXIBLE, CARRY SECOND POSSIBILITY" CEPM is proud to present this 16,528 -square foot, twenty-unit apartment building located at 14015 South Budlong Ave in Gardena, California. This non-rent controlled asset is of close proximity to the many retail shops, office buildings, restaurants and grocery stores of Rosecrans Ave and Vermont Avenue. Bordered by the 110 and 105 Freeways, the investment possesses immediate transit to the many neighboring employment centers such as Northrop Grumman, Spacex, Hollywood Park Tomorrow, Raytheon, the Los Angeles Airport and proposed new NFL Stadium. 14015 South Budlong Avenue provides an investor with the opportunity to own a twenty-unit property in the dense Gardena rental market. The building is a turnkey asset and has been well maintained by the owner. Eight units have been completely renovated with and included two wall ac's per unit, twelve units have new windows, heaters and security doors. The property contains market rents as well as legitimate rental upside. **Broker/buyer are to verify all information.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Stucco
Water
Public
Attached Structure
Detached
Number Of Units Total
20
Gross Scheduled Income
$395,147
Operating Expense
72518

Listing courtesy of Listing Agent: Shirley Williams (cuttingedgepm1@gmail.com) from Listing Office: Cutting Edge Property Mngmt.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.