2109 W 157TH Street,  Gardena CA, 90249 (Residential Income)

17,880 sqft
Status: Sold
MLS#: 15900921
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Last Updated: 12/4/2016 12:15 PM
Description for 2109 W 157TH Street Gardena, CA 90249
Do not disturb tenants or walk the property. 18-unit courtyard style building is two stories with wood frame and stucco construction. Situated in the City of Gardena the property is not subject to LA Rent Control. Property consists of (7) one-bed, one-bath units, (6) two-bed, one-bath units, (4) two-bed, two-bath units, and (1) three-bed, two-bath unit. The units are separately metered for electricity and gas. Half of the units have been updated with new countertops, appliances and wood floors. Exterior features a modern courtyard and excellent curb appeal. Located on a quiet street but within walking distance to amenities (Ralphs, Target). Recent capital improvements include a new laundry room, new water heater, and the building has been replumbed with copper pipes. Parking is 18 tuckunder spaces. The West 157th St Apartments offer investors a stable cash-on-cash return and is not subject to rent control restrictions.
Price
Sold Price:
$3,755,000
Sold Date:07/26/2015
Los Angeles
17,880 (approx)
15900921
Closed
Description
Do not disturb tenants or walk the property. 18-unit courtyard style building is two stories with wood frame and stucco construction. Situated in the City of Gardena the property is not subject to LA Rent Control. Property consists of (7) one-bed, one-bath units, (6) two-bed, one-bath units, (4) two-bed, two-bath units, and (1) three-bed, two-bath unit. The units are separately metered for electricity and gas. Half of the units have been updated with new countertops, appliances and wood floors. Exterior features a modern courtyard and excellent curb appeal. Located on a quiet street but within walking distance to amenities (Ralphs, Target). Recent capital improvements include a new laundry room, new water heater, and the building has been replumbed with copper pipes. Parking is 18 tuckunder spaces. The West 157th St Apartments offer investors a stable cash-on-cash return and is not subject to rent control restrictions.
Listing Information
Property Type: Cluster, Other
0.52 Acres 22,816 sq.ft. 17,880 (approx)
1961
18 Total
Neighborhood
Room Information
Interior Features
Refrigerator, Freezer
None
Exterior / Lot Features
18 Parking Spaces, Assigned Parking Space
GAR3
Driving Directions
One block northeast of the intersection between Van Ness Ave and Manhattan Beach Blvd in Gardena.
Financial Considerations
4063012002
,$108,133
Listing Price History

Gardena Real Estate

Gardena is located in California. Gardena, California 90249 has a population of 58,960.

The median household income in Gardena, California 90249 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 90249 is 37.9 years.

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Courtesy: Berkadia Steffan Braunlich
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