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    1308 W Gardena Boulevard , A

    Gardena, CA 90247
    • $1,195,000
    • STATUS: Active Under Contract
    • ON SITE: 37 days
    • ID#: SB21130560
    Under Contract
    $1,195,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    1308 W Gardena Blvd is a great value-add opportunity for sale in Gardena! The subject property boasts a great unit mix of (1) 3 bedroom/2 bath and (3) 2 bedroom/1 bath units. Tenants enjoy their peace and quiet as all the buildings are single storied (no pitter pattering from tenants above) and sits on a LARGE 9,800 sq ft lot. Tenants love the walkability and commutability of 1308 Gardena Blvd since it is close to supermarkets, restaurants, shopping and dining options as well as the 110 and 405 freeways. With over 20%upside in rents, once an investor increases rents and gets market rents, the subject property will be operating above a 6% CAP rate and under a 11.9 GRM!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118339027
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    1308 W Gardena Boulevard , A Gardena, CA 90247

    • Price: $1,195,000
    • Status: Active Under Contract
    • ID#: SB21130560
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1968
    Built
    Neighborhood:
    115 - North Gardena
    County:
    Los Angeles
    Area:
    115 - North Gardena
    Property Description
    1308 W Gardena Blvd is a great value-add opportunity for sale in Gardena! The subject property boasts a great unit mix of (1) 3 bedroom/2 bath and (3) 2 bedroom/1 bath units. Tenants enjoy their peace and quiet as all the buildings are single storied (no pitter pattering from tenants above) and sits on a LARGE 9,800 sq ft lot. Tenants love the walkability and commutability of 1308 Gardena Blvd since it is close to supermarkets, restaurants, shopping and dining options as well as the 110 and 405 freeways. With over 20%upside in rents, once an investor increases rents and gets market rents, the subject property will be operating above a 6% CAP rate and under a 11.9 GRM!
    Exterior Features

    Carport Spaces 5 Carport YN Yes Number Of Separate Electric Meters 4 Open Parking Spaces 1 Parking Features Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 4.12 Common Interest Community Apartment Community Features CurbsStorm Drain(S)Street LightsSidewalks Electric Expense 75 Fuel Expense 75 Garage YN No Gross Income 72846 Gross Scheduled Income 76680 Insurance Expense 1218 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Maintenance Expense 3067 Net Operating Income 49223 New Construction YN No New Taxes Expense 14938 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 23623 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Vacancy Allowance 3834 Water Sewer Expense 1600 Water Source Public Zoning Gacr

    Listing provided courtesy of Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc. and John Stiegler II of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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