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    18424 S Normandie Avenue

    Gardena, CA 90248
    • $8,500,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: SB21069501
    UPDATED: 29 min ago
    $8,500,000
    • 0
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,886
      SQFT
    • $388
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Rare South Bay 46 Unit Apartment Complex located in the Gardena P.O. (city of Los Angeles) on a 33,919 Square Foot Lot. The Building is Approximately 21,886 sq feet. This Asset has so Much Potential! Rents are very Low. Unit Mix is as follows: 3-Studios, 1-2 Bedroom and 42-1 Bedrooms. Property is Master Metered for Utilities which includes Water, Electric & Gas. There are 46 Parking Spaces. The Complex includes a Sparkling Gated Pool, Laundry Room and Well-Lit Parking Lot in the Back of the Building. Security Company patrols the Parking Lot Every Night. The Rent includes Electric, Gas, Water and Trash Services. Each Unit has a Assigned Parking Space. Most Units have a Walk-In Closet. Click on the Video Symbol to see the Property Virtual Tour. Current Rent Roll and Operating Income & Expenses for 2018-2020 is Included in the Supplemental Section.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T23:35:48.567. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/115740170
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    18424 S Normandie Avenue Gardena, CA 90248

    • Price: $8,500,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: SB21069501
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    21,886
    SQFT
    $388
    $/SQFT
    1963
    Built
    Neighborhood:
    120 - South Gardena
    County:
    Los Angeles
    Area:
    120 - South Gardena
    Property Description
    Rare South Bay 46 Unit Apartment Complex located in the Gardena P.O. (city of Los Angeles) on a 33,919 Square Foot Lot. The Building is Approximately 21,886 sq feet. This Asset has so Much Potential! Rents are very Low. Unit Mix is as follows: 3-Studios, 1-2 Bedroom and 42-1 Bedrooms. Property is Master Metered for Utilities which includes Water, Electric & Gas. There are 46 Parking Spaces. The Complex includes a Sparkling Gated Pool, Laundry Room and Well-Lit Parking Lot in the Back of the Building. Security Company patrols the Parking Lot Every Night. The Rent includes Electric, Gas, Water and Trash Services. Each Unit has a Assigned Parking Space. Most Units have a Walk-In Closet. Click on the Video Symbol to see the Property Virtual Tour. Current Rent Roll and Operating Income & Expenses for 2018-2020 is Included in the Supplemental Section.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Open Parking Spaces 46 Parking Features Assigned Parking Total 46 Pool Features CommunityIn Ground Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features Bedroom On Main LevelWalk-In Closet(S)

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features SidewalksPool Electric Expense 28340 Fuel Expense 16422 Garage YN No Gross Income 551400 Gross Scheduled Income 547200 Insurance Expense 10178 Land Lease YN No Laundry Features Common AreaLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 74884 Net Operating Income 200071 New Construction YN No New Taxes Expense 106250 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 351500 Pest Control Expense 684 Pool Expense 3265 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 15479 Tenant Pays Cable Tv Trash Expense 9598 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 4 Water Sewer Expense 37754 Water Source Public Zoning Lar3

    Listing provided courtesy of Sharon Tsukamoto of West Shores Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T23:35:48.567. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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