13919 S Normandie Ave - Apartments FOR SALE


Gardena, CA 90249
$100,000 USD
310-892-2244
13919 S Normandie Ave, Gardena, CA for Sale
$100,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

13919 S Normandie Ave
Gardena, CA 90249


HIGHLIGHTS

  • 8% Preferred Return
  • Targeted 1.9-2.2 Equity Multiple
  • Targeted 5 Year Hold
  • Targeted 15.88 IRR

OVERVIEW

Cocoon 20 is a private real estate equity investment opportunity in a newly built, stabilized 20-unit apartment property with an additional non-conforming ADU, located in Gardena, California. The asset offers modern construction, stabilized operations, and is situated in a supply-constrained Los Angeles County rental market with consistent housing demand. Accredited investors have the opportunity to participate in an equity position alongside the sponsor in this professionally managed Southern California multifamily asset.The asset features efficiency units that are 385 rentable square foot and have shared community events that addresses urban living. These light-filled apartments feature high ceilings, in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinets, quartz countertops and vinyl wood flooring. Disclosure: This material is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities. Any offering will be made only through definitive offering documents and only to verified accredited investors. Investments involve risks, including possible loss of principal, and no returns are guaranteed.

FOR SALE DETAILS

PRICE

$100,000 USD

PRICE/SF

$7 USD /SF

# OF UNITS

21

PRICE/UNIT

$4,762

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cocoon 20

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

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 Notice.