1300 W 134th St - Apartments FOR SALE


Gardena, CA 90247
$5,950,000 USD
424-380-7449
1300 W 134th St, Gardena, CA for Sale
$5,950,000 USD
Apartments - FOR SALE
1/29
null | 6.16% Cap Rate

1300 W 134th St
Gardena, CA 90247


HIGHLIGHTS

  • Fully remodeled 23 Unit building priced at only $258k/unit.
  • Currently operating at a 6.16% cap rate and 11.15 GRM.
  • Unit mix of (1) 3Bed/1Bath, (3) 2Bed/1Bath, (18) 1Bed/1Bath and (1) Studio/1Bath units.
  • 21 parking spaces on site as well as ample street parking.
  • Every unit features new floors, fixtures, cabinets, bathrooms and washer/dryer hookups.

OVERVIEW

6.16% in place cap rate and 11.15 GRM - NON RENT CONTROLLED ASSET! This fully renovated and high cash-flowing 23 unit asset is located on a massive 34,122 sq ft lot. Property comes with 21 parking spaces and every unit features new floors, cabinets, bathrooms, kitchens and all units are equipped with washer and dryer in unit. Perfect for family rentals. As a fully turned asset this property has very low maintenance. All new windows, roofs, plumbing. This is a perfect turn key asset for any buyer and will produce incredible cash flow. 134th St has an ideal unit mix consisting of (1)3Bed/1Bath, (3) 2Bed/1Bath, & (18) 1Bed/1Bath and (1) Studio/1Bath units. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

23

PRICE/UNIT

$258,696

CAP RATE

6.16%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

34,064 SF

ZONING

GAM1

APN/PARCEL ID

6115-004-006

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
424-380-7449

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
424-380-7449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.