Property Description

Desirable Gardena Location - South of Marine Avenue | 5.03% Current Cap Rate & 12.84 Current GRM | 8.54% Pro-Forma Cap Rate & 8.76 Pro-Forma GRM | 9,921-SF Building on a 15,293-Square Foot Lot | Unit Mix of (One) 3-Bedroom/1-Bathroom Unit, (Six) 2-Bedroom/1-Bathroom Units, (Six) 1-Bedroom/1-Bathroom Units & (One) Studio/1-Bathroom Unit | Large Lot Presents Opportunity to Add ADUs or Redevelop in the Future | Total of 14 Parking Spaces | No L.A. City Rent Control - Defaults to AB 1482* | Storage Room with Bathroom | On-Site Laundry Facility - Generates Additional Annual Income | Close Proximity to Gardena Plaza, Pacific Square Shopping Center & Gardena Market Place

ESSENTIAL INFO

• Status: Active Under Contract