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XXL UNITS- WELL MAINTAINED - CASH FLOW 13406 S Vermont Ave 10 Unit Apartment Building $3,415,000 ($341,500/Unit) 5.72% Cap Rate Gardena, CA 90247
Investment Highlights
- Rare 10-Unit Asset Featuring Eight 3-Bedroom Units and Two Newly Constructed ADUs
- Extensive Capital Improvements Including Fully Upgraded Electrical and Plumbing Systems
- RUBS Program Implemented, Minimizing Landlord Utility Expenses
- Five Fully Renovated Units Plus Two Brand-New ADUs
- New Roof Installed in 2022
- Eight On-Site Parking Spaces
Executive Summary
13406 S Vermont Avenue presents a rare opportunity to acquire a substantially improved 10-unit multifamily asset in the heart of Gardena. The property features an exceptional unit mix consisting of eight spacious three-bedroom units and two newly constructed ADUs, a highly sought- after configuration that is seldom available in the South Bay market. Ownership has completed extensive capital improvements, including five fully renovated units, two brand-new ADUs, upgraded electrical and plumbing systems, and a new roof installed in 2022. Additionally, a RUBS program has been implemented to help offset utility expenses and improve operating efficiency. With a combination of strong in-place income, low operating expenses, and future rental upside, 13406 S Vermont Avenue offers investors the opportunity to acquire a turnkey asset positioned for long-term growth in one of Los Angeles County's most resilient rental markets.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$281,394
|
$30.96
|
| Other Income |
$14,100
|
$1.55
|
| Vacancy Loss |
$8,442
|
$0.93
|
| Effective Gross Income |
$287,052
|
$31.59
|
| Taxes |
$40,980
|
$4.51
|
| Operating Expenses |
$50,737
|
$5.58
|
| Total Expenses |
$91,717
|
$10.09
|
| Net Operating Income |
$195,335
|
$21.49
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $281,394 |
| Annual Per SF | $30.96 |
| Other Income | |
|---|---|
| Annual | $14,100 |
| Annual Per SF | $1.55 |
| Vacancy Loss | |
|---|---|
| Annual | $8,442 |
| Annual Per SF | $0.93 |
| Effective Gross Income | |
|---|---|
| Annual | $287,052 |
| Annual Per SF | $31.59 |
| Taxes | |
|---|---|
| Annual | $40,980 |
| Annual Per SF | $4.51 |
| Operating Expenses | |
|---|---|
| Annual | $50,737 |
| Annual Per SF | $5.58 |
| Total Expenses | |
|---|---|
| Annual | $91,717 |
| Annual Per SF | $10.09 |
| Net Operating Income | |
|---|---|
| Annual | $195,335 |
| Annual Per SF | $21.49 |
Property Facts
| Price | $3,415,000 | Property Subtype | Apartment |
| Price Per Unit | $341,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.72% | Lot Size | 0.21 AC |
| Gross Rent Multiplier | 11.56 | Building Size | 9,974 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Zoning | R3, Los Angeles | ||
| Price | $3,415,000 |
| Price Per Unit | $341,500 |
| Sale Type | Investment |
| Cap Rate | 5.72% |
| Gross Rent Multiplier | 11.56 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,974 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | R3, Los Angeles |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 8 | $2,896 | 974 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6117-033-004 | Total Assessment | $2,355,465 (2025) |
| Land Assessment | $1,419,105 (2025) | Annual Taxes | $40,980 ($4.11/SF) |
| Improvements Assessment | $936,360 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
6117-033-004
Land Assessment
$1,419,105 (2025)
Improvements Assessment
$936,360 (2025)
Total Assessment
$2,355,465 (2025)
Annual Taxes
$40,980 ($4.11/SF)
Tax Year
2026
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XXL UNITS- WELL MAINTAINED - CASH FLOW | 13406 S Vermont Ave