13406 S Vermont Ave - Apartments FOR SALE


Gardena, CA 90247- Harbor Gateway North
$3,415,000 USD
707-225-2402
13406 S Vermont Ave, Gardena, CA for Sale
$3,415,000 USD
Apartments - FOR SALE
1/15
null | 5.72% Cap Rate

13406 S Vermont Ave
Gardena, CA 90247
Harbor Gateway North


HIGHLIGHTS

  • Rare 10-Unit Asset Featuring Eight 3-Bedroom Units and Two Newly Constructed ADUs
  • Five Fully Renovated Units Plus Two Brand-New ADUs
  • Extensive Capital Improvements Including Fully Upgraded Electrical and Plumbing Systems
  • New Roof Installed in 2022
  • RUBS Program Implemented, Minimizing Landlord Utility Expenses
  • Eight On-Site Parking Spaces

OVERVIEW

13406 S Vermont Avenue presents a rare opportunity to acquire a substantially improved 10-unit multifamily asset in the heart of Gardena. The property features an exceptional unit mix consisting of eight spacious three-bedroom units and two newly constructed ADUs, a highly sought- after configuration that is seldom available in the South Bay market. Ownership has completed extensive capital improvements, including five fully renovated units, two brand-new ADUs, upgraded electrical and plumbing systems, and a new roof installed in 2022. Additionally, a RUBS program has been implemented to help offset utility expenses and improve operating efficiency. With a combination of strong in-place income, low operating expenses, and future rental upside, 13406 S Vermont Avenue offers investors the opportunity to acquire a turnkey asset positioned for long-term growth in one of Los Angeles County's most resilient rental markets.

FOR SALE DETAILS

PRICE

$3,415,000 USD

PRICE/SF

$376 USD /SF

# OF UNITS

10

PRICE/UNIT

$341,500

CAP RATE

5.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

XXL UNITS- WELL MAINTAINED - CASH FLOW

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,278 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

6117-033-004

ASK ABOUT THIS PROPERTY

Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.