14015 S Budlong Avenue 7 Gardena, CA $ 5,850,000
14015 S Budlong Avenue 7
$ 5,850,000
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14015 S Budlong Avenue 7

Gardena, CA, 90247
$ 5,850,000
Baths0.0 Sq 16,528

Monthly Estimate*

$ 38,881

Listed by Cutting Edge Property Mngmt
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 1
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 2
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 3
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 4
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 5
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 6
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 7
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 8
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 9
14015 S Budlong Avenue 7, Gardena, CA 90247 - Image 10
Studio

Commercial Property for sale in Gardena, CA

for $5,850,000. This 16,528 square foot building was built in 1963 on a lot size of 0.616.

"OWNER FLEXIBLE, CARRY SECOND POSSIBILITY" CEPM is proud to present this 16,528 -square foot, twenty-unit apartment building located at 14015 South Budlong Ave in Gardena, California. This non-rent controlled asset is of close proximity to the many retail shops, office buildings, restaurants and grocery stores of Rosecrans Ave and Vermont Avenue. Bordered by the 110 and 105 Freeways, the investment possesses immediate transit to the many neighboring employment centers such as Northrop Grumman, Spacex, Hollywood Park Tomorrow, Raytheon, the Los Angeles Airport and proposed new NFL Stadium. 14015 South Budlong Avenue provides an investor with the opportunity to own a twenty-unit property in the dense Gardena rental market. The building is a turnkey asset and has been well maintained by the owner. Eight units have been completely renovated with and included two wall ac's per unit, twelve units have new windows, heaters and security doors. The property contains market rents as well as legitimate rental upside. **Broker/buyer are to verify all information.

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Commercial Active

Price

$ 5,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

MultiFamily

Lot Size

0.616

Year Built

1963

Town/City

Gardena

County/Region

Los Angeles

MLS | Web ID

PW19146081

Days on Market

1,801

Features
General
Heating WallFurnace
Cooling WallWindowUnits
Zoning R-3
Security Features CarbonMonoxideDetectors FireDetectionSystem SecurityGate GatedCommunity ResidentManager SmokeDetectors
Construction Materials Stucco
Year Built 1963
Unit Number 7
Property SubType MultiFamily
Tax Year 2018
Community Features Gated
County Los Angeles
Net Operating Income 301832.0
Operating Expense 72518.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Directions West of Vermont North Of Rosecrans
City Gardena
View Y/N N
Senior Community Y/N N
Open Parking Spaces 10.0
Total Units 20
MLS Area 699 - Not Defined
Lot Size Square Feet 26832.0
Private Pool N
Waterfront Y/N N
Carport Spaces 21.0
Carport Y/N Y
Number of Units Leased 19
Street Name Budlong
Listing Terms Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1573
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Cap Rate 4.87
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Exterior
Lot Features Item1620UnitsAcre
Water Source Public
Total Parking 31.0
Lot Size Area 26832.0
Number of Buildings 4
Spa N
Building Area Total 16528.0
Lot Size Acres 0.616
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features ElectricDryerHookup GasDryerHookup
Electric On Property Y/N N
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Internal Only
Street Number 1 14015
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* Excluded Features
List By
Cutting Edge Property Mngmt

Broker

(714) 974-5302

Phone

Affordability Calculator

$38,881
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,881
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2023$5,850,000 Listed Price

Map


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14015 S Budlong Avenue 7, Gardena, CA, 90247 is a Commercial Property for sale at $5,850,000 with 16,528 sqft and a lot size of 0.616. 14015 S Budlong Avenue 7 is a studio with 0.0 baths and was built in 1963. The property's zip code is 90247 which is in Gardena, CA