Multifamily
14743 Berendo Ave
14743 Berendo Ave, Gardena, CA 90247
Listing Price: $1,900,000
Investment Overview
Marcus & Millichap is pleased to present to market 14734 South Berendo Avenue, a six-unit apartment complex in Gardena, California. This offering is an excellent value-add opportunity with 22 percent rental upside, ADU potential (buyer to verify), and a rare mix of all three-bedroom/one-bath units with spacious floor plans over 1,000 square feet.
14734 South Berendo Avenue is a two-story 1959 construction situated on a 11,001-square foot gated lot that offers surface and carport parking in the rear. The building features copper plumbing and shared laundry facilities.
The property is located in a strong rental submarket with convenient access to the 110 Freeway, one block from an elementary school, and one block from Rosecrans Park and Recreation Center. The average household income within one mile exceeds $90,000, providing a solid tenant base.
14743 Berendo Ave
Investment Highlights
- Excellent value-add investment opportunity with a rare mix of all three-bedroom units
- 22 Percent rental upside plus ADU potential (buyer to verify)
- Six-unit apartment building with spacious floor plans that average over 1,000 square feet
- Gated 11,001-square foot lot with surface and carport parking
- Building features copper plumbing and shared laundry facilities
- Strong rental location one block from an elementary school and Rosecrans Park and conveniently near the 110 freeway
Exclusively Listed By
Listing Price: $1,900,000
Investment Highlights
- Excellent value-add investment opportunity with a rare mix of all three-bedroom units
- 22 Percent rental upside plus ADU potential (buyer to verify)
- Six-unit apartment building with spacious floor plans that average over 1,000 square feet
- Gated 11,001-square foot lot with surface and carport parking
- Building features copper plumbing and shared laundry facilities
- Strong rental location one block from an elementary school and Rosecrans Park and conveniently near the 110 freeway
Investment Overview
Marcus & Millichap is pleased to present to market 14734 South Berendo Avenue, a six-unit apartment complex in Gardena, California. This offering is an excellent value-add opportunity with 22 percent rental upside, ADU potential (buyer to verify), and a rare mix of all three-bedroom/one-bath units with spacious floor plans over 1,000 square feet. 14734 South Berendo Avenue is a two-story 1959 construction situated on a 11,001-square foot gated lot that offers surface and carport parking in the rear. The building features copper plumbing and shared laundry facilities. The property is located in a strong rental submarket with convenient access to the 110 Freeway, one block from an elementary school, and one block from Rosecrans Park and Recreation Center. The average household income within one mile exceeds $90,000, providing a solid tenant base.
Exclusively Listed By
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