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    14719 Berendo Ave Gardena, CA 90247-3089
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    Property profile & analytics

    14719 Berendo Ave, Gardena, CA 90247-3089

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    • Apartment buildings
    • 4,538 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Nov 11, 2024
    $2,200,000
    Property ID
    US09-8644739
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 14719 Berendo Ave

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Zone code
    GAR3
    Property type
    Apartment buildings
    APN
    6114-022-020
    APU
    6114022020

    Description

    This exceptional 8-unit apartment building in Gardena, California, presents a compelling investment opportunity. The property, located at 14719 S Berendo Ave, boasts 5,187 square feet of net rentable space across a two-story building constructed in 1960. The asking price is $2,200,000, translating to $275,000 per unit and $424.14 per square foot. The property features a desirable unit mix, including seven 2-bedroom/1-bathroom units and one brand-new 1-bedroom/1-bathroom accessory dwelling unit (ADU) measuring 649 square feet. The ADU includes washer/dryer hookups and air conditioning. All units have been fully renovated with new floors, kitchens, and bathrooms. Major building systems are in excellent condition. The property includes 12 on-site parking spaces and a laundry room generating an additional $875 per month in income. The current net operating income (NOI) is $132,478, resulting in a 6.02% cap rate. Pro-forma NOI is projected at $146,626, yielding a 6.66% cap rate. The property sits on a 7,503 square foot lot and is zoned GAR3. Its prime location offers convenient access to major employers, including SpaceX, Amazon Ring, Boeing, Hollywood Park, and SoFi Stadium. This turnkey asset is non-rent controlled and offers significant potential for strong cash flow and appreciation. The property's RUBS system is in place.


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    Location Insight

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    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.294
    Latitude
    33.8976
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,053
    $675,485
    $611,154
    $1,286,639
    -
    $0.00
    $0.00
    $0.00
    More about this property
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