Residential Income Details
*Sold together with adjacent building at 825 W 165th Pl for a total of $3,250,000.* Two 8-Unit Apartment Buildings located in the heart of Gardena. These side-by-side properties have a unit mix of (2) 2-Bed/2-Bath, (10) 2-Bed/1-Bath and (4) 1-Bed/1-Bath Units. The entire property is gated for additional privacy and also features on-site laundry facilities adjacent to each building. The property is subject to rent control with great in place income and potential for additional rent growth! With a 4.58% CAP and 13.37 GRM, this is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-an-coming cities in the South Bay.
|Number of Units||8|
|Listing Brokerage||Lyon Stahl Investment Real Estate, Inc.|
|Listing Agent||Brett Lyon|
|Listing Agent BRE #||01717818|
|Co-Listing Agent||J.Woody Stahl|
|Co-Listing Agent BRE #||01399621|
Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, January 16, 2018.
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