13919 S Normandie Ave - Apartments FOR SALE


Gardena, CA 90249
$6,750,000 USD
310-892-2244
13919 S Normandie Ave, Gardena, CA for Sale
$6,750,000 USD
Apartments - FOR SALE
1/22
null | 5.67% Cap Rate

13919 S Normandie Ave
Gardena, CA 90249


HIGHLIGHTS

  • New Construction built in 2024 w/ Modern, sleek design
  • ADU unit / Non-conforming
  • Ownership to Guaranty Rental income for 12 months at 96% occupancy
  • European Style Cabinets with Quartzite Countertops
  • Washer Dryer inside each unit - Stainless Steel Appliances
  • GREAT CAP RATE for new Construction

OVERVIEW

See setup sheets -There are several options for financing and Investing. Ownership will guaranty rents for 12 months at 96% occupancy Completed in December of 2024, this contemporary apartment community meets the growing demand for socially connected urban living in Gardena. As rental costs rise and space becomes limited, these thoughtfully designed efficiency units present an innovative solution. Each unit offers 385 rentable square feet of meticulously planned living space, maximizing functionality without compromising comfort. The community emphasizes social interaction through shared amenities that enrich the living experience. Apartments are filled with natural light and equipped with premium features, including in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinetry, and sleek quartz countertops. With several financing options available, this property is an attractive investment opportunity in today's competitive real estate market. Request setup sheets for additional details and financing information.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

21

PRICE/UNIT

$321,429

CAP RATE

5.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apartments 21

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

GA

APN/PARCEL ID

6102-018-017

ASK ABOUT THIS PROPERTY

Lee JohnsonWest Realty GroupMore Info
310-892-2244

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Lee JohnsonWest Realty GroupMore Info
310-892-2244

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