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14015 S Budlong, Gardena, CA

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14015 S Budlong

Gardena, CA 90247-2225 - Gardena MF Submarket

Property Type:Multi-Family Number of Units:20 Status:Existing Year Built:1963
Stories:2 Building Size:16,528 SF Land Area:.62 AC (26,833 SF)
For Sale Price:$4,950,000 Price/Unit:$247,500.00 Cap Rate:4.15 % GRM:15.02


Sale Notes:
CBC Advisors is proud to present this 16,528-square foot, twenty-unit apartment building located at 14015 South Budlong Avenue in Gardena, California. Situated on a large 26,832 square foot lot, the offering boasts an outstanding unit mix of fourteen two-bedroom/one-and-half-bathroom townhouse-style units and six two-bedroom/one-bathroom units. Two of the townhouse-style units include an additional den/office. All of the units contain individual hot water heaters and washer/ dryer hook-ups. The townhouse-style units have private patios. The property contains copper plumbing and a total of 31 parking spaces. There is also a large common area courtyard towards the back of the property. The large lot size provides ample parking for tenants, a competitive advantage in the rental market, and future re-development potential.

Coldwell Banker Commercial Advisors
Allen Gholian

Jonathan Nikfarjam

Sarah Tobin

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