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$5,850,000

Est. payment - /mo

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0.62 Acres Lot

Active Under Contract

14015 S Budlong AVE #7 Gardena, CA 90247

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW19146081

HOA Y/N No

Year Built 1963

Tax Year 2018

Lot Size 0.616 Acres

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)

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Carport Spaces 21

Community Features Gated

Total Parking Spaces 31

Building

Lot Description 16-20 Units/Acre

Story 2

Water Public

Others

Tax ID 6115012025

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

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Shirley Williams • Cutting Edge Property Mngmt • cuttingedgepm1@gmail.com

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