14015 S Budlong AVE #7 Pending

Gardena,CA 90247

$ 5850000

- Bed

- Bath

16528 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 16,528 sqft

Price per Sqft $353

MLS Listing ID PW19146081

HOA Y/N No

Year Built 1963

Tax Year 2018

Lot Size 0.616 Acres

Acres 0.616

Property Sub-Type Multi Family

Property Description

"OWNER FLEXIBLE, CARRY SECOND POSSIBILITY"

CEPM is proud to present this 16,528 -square foot, twenty-unit apartment building located at 14015 South Budlong Ave in Gardena, California. This non-rent controlled asset is of close proximity to the many retail shops, office buildings, restaurants and grocery stores of Rosecrans Ave and Vermont Avenue. Bordered by the 110 and 105 Freeways, the investment possesses immediate transit to the many neighboring employment centers such as Northrop Grumman, Spacex, Hollywood Park Tomorrow, Raytheon, the Los Angeles Airport and proposed new NFL Stadium.

14015 South Budlong Avenue provides an investor with the opportunity to own a twenty-unit property in the dense Gardena rental market. The building is a turnkey asset and has been well maintained by the owner. Eight units have been completely renovated with and included two wall ac's per unit, twelve units have new windows, heaters and security doors. The property contains market rents as well as legitimate rental upside.

**Broker/buyer are to verify all information.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning R-3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Laundry Gas & Electric Dryer Hookup

Building

Lot Description 16-20 Units/Acre

Story 2

Water Public

Others

Security Features Automatic Gate,Carbon Monoxide Detector(s),Fire and Smoke Detection System,Gated Community,Resident Manager,Smoke Detector(s)

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.5

TERMS 1031 Exchange

LIST AGRMT Exclusive Right To Sell

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Shirley Williams

SHOW CONTACT PH 949 331-5456

SHOW INSTRUCTIONS Please contact Broker Shirley Williams at (949)331-5456.

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