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14717 S Budlong Ave, Gardena, CA 90247

$850,000

Description

Lyon Stahl is proud to present this prime investment opportunity in the city of Gardena! This charming 1,826 SF triplex is situated on a 5,906 SF lot located between Rosecrans Ave and Marine Ave. The three units are comprised of (1) 3-Bed/1-Bath, (1) 2-Bed/1-Bath, and (1) 1-Bed/1-Bath.

This property’s location boasts easy access to every major LA county freeway such as the 405, 105, 710, 110, and the 91 freeway. This freedom allows fast and easy access to parts of Los Angeles, Long Beach, and San Pedro. This well-maintained property easily lends itself to any investor looking to purchase income property in the city of Gardena.

With great in-place income and significant upside rent potential, this is the perfect opportunity for an investor to acquire this valuable income property in a highly- desirable area with limited inventory.

Investment Highlights: 

• Unit Mix: (1) 3-Bed/1-Bath | (1) 2-Bed/1-Bath | (1) 1-Bed/1-Bath
• 1,826 Sqft. building on a 5,906 Sqft. lot
• General plumbing, electrical, and roof maintenance
• Market 5.77% CAP | 12.59 GRM
• Easy access to freeways and ports of LA, Long Beach, and San Pedro
• Highly sought-after market with limited inventory

Property Downloads

Address

  • City: Gardena
  • State/county: CA
  • Country: United States

Detail

Updated on September 24, 2019 at 11:08 pm

  • Price: $850,000
  • Property Size: 1,826 Sq Ft
  • Land Area: 5,906 Sq Ft
  • Year Built: 1925
  • Property Type: Triplex, Multifamily
  • Property Status: Active
  • Numbers of Units: 3
  • GRM: 17.07
  • CAP RATE: 3.75%
  • Price per Unit: $283,333
  • Market GRM: 12.59
  • Market CAP RATE: 5.77%

Contact info

Johnnie Stiegler
Johnnie Stiegler
(310) 990-9685(310) 447-2213
Charlie Rasmussen
Charlie Rasmussen
(562) 241-0898(310) 404-9072
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