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13120 S Vermont Avenue, Gardena, CA

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13120 S Vermont Avenue

Gardena, CA 90247-1840 - Harbor Gateway North MF Submarket

Property Type:Multi-Family Number of Units:18 Status:Existing Year Built:1960
Stories:1 Building Size:12,827 SF Land Area:.34 AC (14,985 SF)
For Sale Price:$1,900,000 Price/Unit:$105,555.56 Cap Rate:3.60 % GRM:13.66

Parking:1.31 Parking Spaces / 1,000 SF

Sale Notes:
The subject property is an 18 unit apartment complex with 16 covered and gated parking spaces, a secure entrance and courtyard with swimming pool. It represents a value added opportunity with rents well below market, although the property is rent-controlled. The property has a great unit mix of 1, 2, and 3 bedroom apartments. All units are separately metered for gas and electric.

Located in LA city strip - SUBJECT TO RENT CONTROL
Tremendous Upside Due to Rents Well Below Market
Excellent Unit Mix of One, Two, and Three Bedroom Apartments
Secure, Gated Parking Area for 16 Cars

RE/MAX Commercial & Investment Realty
Stephen Lampe
(310) 802-2501

Olga Wright
(310) 802-2550

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