Marcus & Millichap is pleased to present to market 14734 South Berendo Avenue, a six-unit apartment complex in Gardena, California. This offering is an excellent value-add opportunity with 22 percent rental upside, ADU potential (buyer to verify), and a rare mix of all three-bedroom/one-bath units with spacious floor plans over 1,000 square feet.
14734 South Berendo Avenue is a two-story 1959 construction situated on a 11,001-square foot gated lot that offers surface and carport parking in the rear. The building features copper plumbing and shared laundry facilities.
The property is located in a strong rental submarket with convenient access to the 110 Freeway, one block from an elementary school, and one block from Rosecrans Park and Recreation Center. The average household income within one mile exceeds $90,000, providing a solid tenant base.