Description
We are pleased to present a vacant 5 unit apartment in a great area of Gardena! With all units vacant and ready for renovation, this opportunity is the perfect value-add project. The property has potential to operate at a 7.07% Cap Rate & 10.64 GRM upon leasing up the units. With all the rent control regulations in California, this allows a new investor to renovate the units to their liking and pick their own tenants! Endless potential with 5 garages that could be converted into ADUs.
Location
"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th March, 2023 5:16 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 29th March, 2023 5:16 AM (UTC)
Listing Agent: John Katnik
Listing Office: BRC Advisors- BH
