13120 S Vermont Avenue S,  Gardena CA, 90247 (Residential Income)

12,827 sqft
Status: Pending
MLS#: SB16719703
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Last Updated: 12/8/2016 11:41 AM
Description for 13120 S Vermont Avenue S Gardena, CA 90247
The subject property is an 18 unit apartment complex with 16 covered and gated parking spaces, a secure entrance and courtyard with swimming pool. It represents a value added opportunity with rents well below market. The property has a great unit mix of 1, 2, and 3 bedroom apartments. All units are separately metered for gas and electric. The property is located in LA Strip neighborhood of Gardena and is SUBJECT TO RENT CONTROL. Gardena has a population of approximately 52,000 which is growing at approximately 1% per year. With an unemployment rate at 5% and slow but steady job growth, the demand for apartment rentals in the area should remain strong. The property is close to major employment centers in the South Bay and has good freeway accessibility.
Price
$1,900,000
Los Angeles
12,827 (approx)
SB16719703
Pending
Description
The subject property is an 18 unit apartment complex with 16 covered and gated parking spaces, a secure entrance and courtyard with swimming pool. It represents a value added opportunity with rents well below market. The property has a great unit mix of 1, 2, and 3 bedroom apartments. All units are separately metered for gas and electric. The property is located in LA Strip neighborhood of Gardena and is SUBJECT TO RENT CONTROL. Gardena has a population of approximately 52,000 which is growing at approximately 1% per year. With an unemployment rate at 5% and slow but steady job growth, the demand for apartment rentals in the area should remain strong. The property is close to major employment centers in the South Bay and has good freeway accessibility.
Listing Information
Property Type: Cluster, Traditional, 2 Story
0.34 Acres 1,500,000 sq.ft. 12,827 (approx)
$148.13 1960
Yes- 10 spaces 2
18 Total
Neighborhood
Room Information
Laundry Area
Interior Features
Range/Oven Built-in, Garbage Disposal, Gas Range/Cooktop
Carpet Wall to Wall, Ceramic Tile
Gas Heat, Wall Unit
Exterior / Lot Features
10 Garage Spaces, 16 Parking Spaces, Carport, Attached Carport
Shingle
Pool
Private
LAR3
Gutters, Sidewalks, Street Lights, Curbs Walk, Urban
Driving Directions
On Vermont Ave, Three blocks South of El Segundo Blvd
Financial Considerations
6117027003
$121,128 Income ,$65,848Expense
Listing Price History

Gardena Real Estate

Gardena is located in California. Gardena, California 90247 has a population of 58,960.

The median household income in Gardena, California 90247 is $50,148. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Gardena 90247 is 37.9 years.

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Courtesy: Re/Max Commercial & Investment Olga Wright
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