14719 S Berendo Avenue, Gardena, CA 90247

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Property Description

6.02% in place cap rate and 10.47 GRM - NON RENT CONTROLLED ASSET! 14719 S Berendo Ave is a fully renovated and high cash-flowing 8 unit apartment building. Each unit features new floors, kitchens, bathrooms and fixtures. All major systems are in great condition. This is a perfect turn key asset for any buyer and will produce incredible cash flow. Berendo Ave has an ideal unit mix consisting of (7) 2Bed/1Bath and (1) brand new 1Bed/1Bath ADU. The brand new 649 sqft ADU has washer/dryer hookups and a/c splits. Beneficial to the new owner, RUBS is in place and there is a laundry room that produce an extra $875/month in income. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium.


Interior Features

Laundry Information
Location(s) Common Area, Washer Hookup, Gas Dryer Hookup
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 14719 S Berendo Avenue
City Gardena
State CA
Zip 90247
County Los Angeles
Listing Agent Cameron Samimi DRE #02035763
Co-Listing Agent Olga Wright DRE #01315042
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
List Price $2,200,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 7,503
Year Built 1960

Listing information courtesy of: Cameron Samimi, Olga Wright, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 19th, 2024 at 12:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.