1034 Magnolia Ave | Gardena, CA 90247
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1034 Magnolia Ave
Gardena, CA 90247
Santorini Apartments · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Over 80% 2-Bedroom Units
- 100% Copper Plumbing, Vinyl Windows, Newer Roof, & Filled Pool to Create More Parking
- Potential to Add 4 ADU Units
- Current 5.32% Cap Rate and 12.11 GRM w/ Upside to a 7.45% Cap Rate & 9.42 GRM
- 25 Parking Spaces & Seller Owned Laundry Facilities
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 13,156 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | ||
| Zoning | GAR3 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 13,156 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Zoning | GAR3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Refrigerator
- Satellite TV
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $1,289 | - |
| 1+1 | 1 | $1,628 | - |
| 2+1 | 13 | $1,952 | - |
PROPERTY TAXES
| Parcel Number | 6113-030-017 | Improvements Assessment | $1,326,000 |
| Land Assessment | $3,060,000 | Total Assessment | $4,386,000 |
PROPERTY TAXES
Parcel Number
6113-030-017
Land Assessment
$3,060,000
Improvements Assessment
$1,326,000
Total Assessment
$4,386,000
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