16907 Brighton Ave, Gardena, CA 90247

16907 Brighton Ave, Gardena, CA 90247

Gardena, CA
$870,000

Property Description

16907 Brighton Ave is a well-positioned 2-Unit building Gardena. Built in 1961, the 1,650 SF building sits on a 5,001 SF lot, and features (1) 2-Bed/1-Bath. Currently sitting at a 2.92% cap rate, there is incredible upside potential of a 4.91% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $3,500/mo, this this is a great opportunity to own a quality asset for any Los Angeles CRE investor.

Property Features

  • Sale Price: $870,000
  • Area Size: 1,650 SF
  • Year Built: 1961
  • Listing Date: March 4, 2022
  • Closing Date: April 26, 2022
  • Units: 2
  • Current GRM: 20.24
  • Current Cap Rate: 2.92%
  • Market GRM: 14.31
  • Market Cap Rate: 4.91%

Lyon Stahl Investment Real Estate

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