UPDATED:
09/30/2024 06:46 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW19146081
HOA Y/N No
Year Built 1963
Tax Year 2018
Lot Size 0.616 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning R-3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Carport Spaces 21
Community Features Gated
Total Parking Spaces 31
Building
Lot Description 16-20 Units/Acre
Story 2
Water Public
Others
Tax ID 6115012025
Security Features Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Gated Community,Resident Manager,Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Get More Information