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15121 S Budlong Ave
Gardena, CA 90247
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Desirable Gardena Location – South of Marine Avenue | 9,921-SF Building on a 15,293-Square Foot Lot
- Unit Mix of (One) 3-Bedroom/1-Bathroom Unit, (Six) 2-Bedroom/1-Bathroom Units, (Six) 1-Bedroom/1-Bathroom Units & (One) Studio/1-Bathroom Unit
- Storage Room with Bathroom | On-Site Laundry Facility – Generates Additional Annual Income
- 5.03% Current Cap Rate & 12.84 Current GRM | 8.54% Pro-Forma Cap Rate & 8.76 Pro-Forma GRM
- Large Lot Presents Opportunity to Add ADUs or Redevelop in the Future | Total of 14 Parking Spaces | No L.A. City Rent Control - Defaults to AB 1482*
- Close Proximity to Gardena Plaza, Pacific Square Shopping Center & Gardena Market Place
Property Facts
| No. Units | 14 | Building Size | 9,921 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | GAR4 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 9,921 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | GAR4 |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $1,806 | - |
| 2+1 | 6 | $1,542 | - |
| 1+1 | 6 | $1,428 | - |
| Studios | 1 | $1,450 | - |
Property Taxes
| Parcel Number | 6114-012-021 | Improvements Assessment | $858,100 |
| Land Assessment | $1,225,859 | Total Assessment | $2,083,959 |
Property Taxes
Parcel Number
6114-012-021
Land Assessment
$1,225,859
Improvements Assessment
$858,100
Total Assessment
$2,083,959
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