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RYAN STEELE

ryan.steele@lptrealty.com +1(818) 900-1859

$ 11,200,000

Est. payment | -/mo

80 Beds

61 Baths

38,590 SqFt

Save

$ 11,200,000

Est. payment | -/mo

Save

80 Beds

61 Baths

38,590 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 38,590 sqft

Price per Sqft $290

MLS Listing ID 26873205

Bedrooms 80

Year Built 1959

Annual Tax Amount $140,000

Lot Size 0.895 Acres

Acres 0.1499

Property Sub-Type Multi-Family

Property Description

Desirable Gardena Location: Approximately 1 mile from SpaceX and 3 miles from SoFi Stadium and Intuit Dome. 32 Units Across 5 Separate Parcels: Each parcel has its own APN, providing a unique multifamily investment opportunity. Strong In-Place Financials & Rental Upside: 6.44% current cap rate and 10.09 current GRM, with upside to a 7.32% pro-forma cap rate and 9.19 pro-forma GRM. Outstanding Unit Mix: Comprised of (22) 3-bedroom/2-bathroom units, (7) 2-bedroom/2-bathroom units, and (3) studio/1-bathroom units. Over $1.5 Million in Recent Capital Expenditures: More than $1,500,000 invested over the past 5 years, including approximately $774,000 in interior and in-unit renovations. Extensively Renovated Asset: Majority of units feature renovated kitchens, bathrooms, and flooring, along with extensive electrical upgrades and updated interior subpanels. Major System Upgrades: Five of six roofs are new, along with new main sewer lines, new hot water heaters, and upgraded plumbing. Large Multifamily Asset & Property Amenities: 38,590 SF of rentable building area on a combined 38,990-SF lot, featuring on-site laundry facilities, 32 parking spaces, and no local rent control (AB 1482 only).

Location

State CA

County Los Angeles

Area Hollypark

Zoning GAR4

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Washer, Gas Dryer Hookup

Laundry Laundry Area, Room

Exterior

Parking Features Carport, Covered Parking

Garage Spaces 32.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Shield CRE, Inc.

Schools and Properties Nearby

2912 W 141st Pl Gardena, CA 90249