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Cocoon 20 13919 S Normandie Ave 21 Unit Apartment Building $6,250,000 ($297,619/Unit) 6.22% Cap Rate Gardena, CA 90249

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INVESTMENT HIGHLIGHTS

  • New Construction
  • High Ceilings
  • Great Location
  • Washer and Dryer in each unit

EXECUTIVE SUMMARY

These units meet the rising demand of housing in the urban area of Gardena. This project caters to residents who seek, compact well-designed housing. The property features efficiency units that are 385 rentable square foot and have shared amenities that addresses urban living. These light-filled apartments feature high ceilings, in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinets, quartz countertops and vinyl wood flooring. Ask for setup sheets -There are several options for financing and investing. Existing 4.9% I/O loan in place until May of 2026. Call for details

PROPERTY FACTS

Price $6,250,000
Price Per Unit $297,619
Sale Type Investment
Cap Rate 6.22%
Gross Rent Multiplier 11.59
No. Units 21
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.35 AC
Building Size 14,409 SF
Average Occupancy 90%
No. Stories 3
Year Built 2024
Parking Ratio 1.46/1,000 SF
Zoning GA - restricted Density Multiple Dwelling

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Fenced Lot
  • Property Manager on Site
  • Gated
  • Grill
  • Pet Play Area
  • Bicycle Storage
  • Car Charging Station
  • Community-Wide WiFi
  • Elevator
  • Pet Washing Station

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 21 $2,051 385 - 417

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6102-018-017
Land Assessment
$434,075
Improvements Assessment
$0
Total Assessment
$434,075
  • Listing ID: 37834720

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 13919 S Normandie Ave, Gardena, CA 90249

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