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15505 S Budlong Pl
Gardena, CA 90247
15505 S. Budlong Place · Multifamily Property For Sale
·
18 Units
Investment Highlights
- Highly Desirable Gardena Location – South of Redondo Beach Boulevard | Unit Mix of (10) 2-Bedroom/1-Bathroom Units & (8) 1-Bedroom/1-Bathroom Units
- 5.13% Cap Rate & 11.82 GRM | 6.44% Pro-Forma Cap Rate & 10.14 Pro-Forma GRM | No L.A. City Rent Control - Defaults to AB 1482*
- Large Lot & Ample Parking Areas Present Desirable Opportunity to Add ADUs | Pool | 2 On-Site Laundry Facilities – Generates Additional Annual Income
- 13 Units Remodeled w/ Stainless Steel Appliances, Granite Counters, Crown & Base Moldings, New Doors, Double-Pane Windows, Light Fixtures and Closets
- 13,832-SF Building on a Large 19,336-Square Foot Corner Lot | Total of 18 Garages - Each Unit Contains a 1-Car Garage
- Gated Building with Intercom Access | Close Proximity to Pacific Square Shopping Center, Gardena Market Place, SoFi Stadium & Intuit Dome
Property Facts
| No. Units | 18 | Building Size | 13,832 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | B | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.44 AC | ||
| Zoning | GAR4 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.44 AC |
| Building Size | 13,832 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | GAR4 |
Amenities
Unit Amenities
- Granite Countertops
- Double Pane Windows
- Intercom
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $2,163 | - |
| 1+1 | 8 | $1,792 | - |
Property Taxes
| Parcel Number | 6113-033-050 | Improvements Assessment | $509,632 |
| Land Assessment | $226,485 | Total Assessment | $736,117 |
Property Taxes
Parcel Number
6113-033-050
Land Assessment
$226,485
Improvements Assessment
$509,632
Total Assessment
$736,117
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