Residential Income Details
Non rent controlled a 5-Unit apartment building located within the core of Gardena. Great unit mix of (1) 3 bed 2 bath, (1) 2 bed 1 bath, (3) 1 bed 1 bath, 5 enclosed garages (rented) and onsite laundry. Stabilized income stream with long term upside. Most major components of building have been modernized copper piping, upgraded electrical, pervious pavers, artificial landscape, dual pane windows, HVAC systems, fully enclosed property with gated entry and state of the art security camera system that can be viewed via app anytime.
Existing landscape requires almost zero monthly maintenance. Laundry can be increased for additional income. Property is nearly turnkey for the most discriminating local or long distance investor. Additionally the existing annual scheduled rents are $102,768 and are collected via direct deposit allowing ease of ownership. Very attractive assumable financing at 3.9% fixed till 2022 with balance of ± $870,000.
|Number of Units||5|
|Listing Brokerage||REGIONCY REAL ESTATE|
|Listing Agent||NATHAN DIONES|
|Listing Agent BRE #||01767311|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, September 12, 2018.
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