Under Contract

14015 S Budlong Avenue 7

Gardena CA, 90247

$5,850,000


$353.94 per sqft

Under Contract

16,528 sqft

Commercial

Built in 1963

Listed by Shirley Williams with Cutting Edge Property Mngmt 714-956-2044

"OWNER FLEXIBLE, CARRY SECOND POSSIBILITY"

CEPM is proud to present this 16,528 -square foot, twenty-unit apartment building located at 14015 South Budlong Ave in Gardena, California. This non-rent controlled asset is of close proximity to the many retail shops, office buildings, restaurants and grocery stores of Rosecrans Ave and Vermont Avenue. Bordered by the 110 and 105 Freeways, the investment possesses immediate transit to the many neighboring employment centers such as Northrop Grumman, Spacex, Hollywood Park Tomorrow, Raytheon, the Los Angeles Airport and proposed new NFL Stadium.

14015 South Budlong Avenue provides an investor with the opportunity to own a twenty-unit property in the dense Gardena rental market. The building is a turnkey asset and has been well maintained by the owner. Eight units have been completely renovated with and included two wall ac's per unit, twelve units have new windows, heaters and security doors. The property contains market rents as well as legitimate rental upside.

**Broker/buyer are to verify all information.

PW19146081

MLS ID

June 19, 2019

Listed

February 16, 2024

Updated

Map

14015 S Budlong Avenue 7
Gardena CA, 90247

Interior Features

Total Stories

2


Laundry Description

Electric Dryer Hookup, Gas Dryer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.62 Acres


Lot Features

16-20 Units/Acre

Other Property Details

Area Name

699 - Not Defined


Days on Market

1573


Garage

No


Parking Total

31


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

R-3


Buyer Agency Compensation

2.5%

Listing Contact: 714-956-2044 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 4:21 AM UTC

 

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