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16609 S Denver Ave
Gardena, CA 90248
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Unit Mix: (1) 3-Bed/2-Bath, (1) 2-Bed/1.5-Bath, and (2) 2-Bed/1-Bath Units
- Strong Income w/ Rental Upside: Generating $8,274/mo | Pro Forma $8,900
- 5.02% Cap | 14.05 GRM
- 3,909 Sq Ft Building Situated on a 5,649 Sq Ft Lot | 8 Total Parking Spaces & Gated Driveway
- (1) 3-Bed/2-Bath Currently Vacant & (1) 2-Bed/1-Bath On the Market for $2,000/mo (Immediate Opportunity To Capture Top of the Market Rent in the Area)
- Very Accessible Location – Just East of the 110 FWY | Subject to LA Rent Control | Amenities include on-site Laundry and a Private Back Yard
Property Facts
| No. Units | 4 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 3,909 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1965 |
| Zoning | LAR3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,909 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,800 | 1 |
| 2+2 | 1 | $2,094 | 1 |
| 2+1 | 2 | $1,690 | 1 |
Property Taxes
| Parcel Number | 6121-004-008 | Improvements Assessment | $778,926 |
| Land Assessment | $637,785 | Total Assessment | $1,416,711 |
Property Taxes
Parcel Number
6121-004-008
Land Assessment
$637,785
Improvements Assessment
$778,926
Total Assessment
$1,416,711
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