Fully renovated, stabilized 10-unit apartment complex in prime Gardena. City of Gardena is NOT subject to LA City rent control and allows for 5%+CPI annual rent increases under AB 1482. Property offers an exception unit mix of (2) 3-bedroom/2 baths, (5) 2-bedroom/2 baths two-level Townhouse style units and (3) 1-bedroom/1bath units.***
Renovations include brand-new electrical wiring, sub panels, copper plumbing, new 400-amp electrical panel, vinyl windows, exterior paint, and landscaped areas. Interior renovations include laminate flooring, recessed lighting, shaker cabinets, quartz counters, in-unit washer/dryer setups, and stainless-steel appliances. The front unit, a spacious 1,800+ sq. ft. 3-bedroom, 2.5-bathroom owner's unit, features a front yard and central HVAC.
Roof, approximately 7 years old. ***Property offers 10 covered, assigned parking spaces, with the potential for conversion into two additional dwelling units (ADUs), maximizing rental income. Remote security camera system has been installed; common area laundry room provides additional income.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/08/2024 @ 00:14
MLS: SB24077076
LISTED BY: Olga Wright, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
