13919 S Normandie Ave Gardena, CA 90249
Active
$6,999,000
20 Units
0 Beds
21 Baths
14,409 Area(sq.ft.)
15,356 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 20 | studio | 20 | No | $ 2,050 | n/a | $ 553,860 |
| 1 | 20 | 0 | 400 | $ 41,000 | $ 0 | $ 11,077,200 |
| MLS #: | 24-438299 |
| Days On Market: | 28 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 486 |
| Price per unit: | $ 349,950 |
| Year Built: | 2024 |
Property Details
Ask for setup sheets -There are several options for financing. Built in 2024, Apartments 20 meets the rising demand for affordable, community-focused housing in the urban area of Gardena. As rental costs soar and space becomes scarce, innovative living solutions are crucial. This project caters to residents who seek budget-friendly, well-designed housing that fosters social interaction. The property features units that are all studios and are compact, well designed, 385 rentable square foot modern units with shared amenities, Apartments 20 addresses both the financial and social needs of urban living. This combination makes it a compelling investment opportunity in today's market.These light-filled apartments are designed with modern living in mind. They feature in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinets, and quartz countertops. Enjoy the comfort of central air conditioning and heating, along with durable vinyl wood flooring. The apartments offer great closet space and are part of a community that provides convenient amenities, including a dog run, barbecue area, controlled access, reserved parking, an elevator, and a rooftop lounge for relaxation and entertainment. Property is currenty vacant and will be ready for occupancy within 45 days.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 531,705 |
| Total Annual Expense: | $ 176,104 |
| Net Operating Income: | $ 365,601 |
| Gross Annual Income: | $ 553,860 |
| Gross Rent Multiplier: | 12.60 |
Structure
| Type of Units: | Efficiency |
| Buildings: | 1 |
| Levels: | Three Or More |
Land & Parking
| Parking Garage: | Assigned, Carport Attached, Controlled Entrance, Electric Vehicle Charging Station(s), Uncovered, Side By Side |
| Total Parking: | 21 |
Interior
| Cooking Appliances: | Electric |
| AC/Cooling: | Central |
| Equipment: | Dishwasher, Garbage Disposal, Microwave, Hood Fan, Refrigerator, Range/Oven, Dryer, Washer, Network Wire |
| Heating: | Central |
| Fireplace Rooms: | None |
| Kitchen Features: | Quartz Counters |
| Laundry: | In Kitchen, In Unit |
| Laundry Equipment: | Own |
| Patio Features: | Roof Top Deck, Patio Open |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Rolled/Hot Mop |
| Spa: | No |
Detailed Map
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