10
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Listed by Shirley Williams • Cutting Edge Property Mngmt
$5,850,000
Est. payment /mo
Active Under Contract
14015 South Budlong Avenue Gardena, CA 90247
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UPDATED:
08/26/2024 06:40 AM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW-19146081
Year Built 1963
Tax Year 2018
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.
Location
State CA
County Los Angeles
Zoning R-3
Interior
Heating Wall Furnace
Cooling Wall/Window Units
Laundry Gas & Electric Dryer Hookup
Building
Lot Description 16-20 Units/Acre
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