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Multifamily

16104 Harvard Blvd

16104 Harvard Blvd, Gardena, CA 90247

Listing Price: $1,300,000

Cap Rate
4.50%
Number of Units
4
GRM
14.70
Occupancy
97.0%
Price/Unit
$325,000
Price/Gross SF
$427.07
Gross SF
3,044

Investment Overview

Marcus & Millichap is pleased to present for sale 16104 Harvard Blvd, a stabilized fourplex located in Gardena, California.Built in 1943, the property features four two-bedroom / one-bathroom units, averaging 760 SF per unit. The two story 3,044 SF multi-family building sits on a large 9,943 SF lot. The property has an all new sprinkler system, new electrical panel and copper plumbing throughout the building. Three out of four units have been completely renovated with upgrades to the kitchen, bathrooms and flooring. The owners plan to paint the exterior and renovate the landscaping before the close of escrow. The property is in a Very Walkable location with a Walk-Score of 90 with nearby amenities such as Western Super Market, Tokyo Central & Main, Marukai Pacific Market, Harajuku Crepe, Bowl Thai and Volcano Tea House. It is walking distance from the Gardena Police Department.
This property is positioned near the 405 and 110 Freeways as well as in close proximity to Hawthorne Airport, the Pacific coastline, major boulevards, and popular landmarks. Its surrounding area is near Gardenas top employers, Memorial Hospital of Gardena and the Hustler Casino, which employ more than 1,400 people. This investment provides steady cash flows and ownership has collected 100% rents.

Investment Highlights

  • All Two-Bedroom / One-Bathroom Apartments
  • Well Maintained Property
  • New Sprinkler System, Electrical Panel, & Copper Plumbing
  • Three Remodeled Units
  • 9,944 SF Lot Size

Exclusively Listed By

Listing Price: $1,300,000

Cap Rate
4.50%
Number of Units
4
GRM
14.70
Occupancy
97.0%
Price/Unit
$325,000
Price/Gross SF
$427.07
Gross SF
3,044

Investment Highlights

  • All Two-Bedroom / One-Bathroom Apartments
  • Well Maintained Property
  • New Sprinkler System, Electrical Panel, & Copper Plumbing
  • Three Remodeled Units
  • 9,944 SF Lot Size

Investment Overview

Marcus & Millichap is pleased to present for sale 16104 Harvard Blvd, a stabilized fourplex located in Gardena, California.Built in 1943, the property features four two-bedroom / one-bathroom units, averaging 760 SF per unit. The two story 3,044 SF multi-family building sits on a large 9,943 SF lot. The property has an all new sprinkler system, new electrical panel and copper plumbing throughout the building. Three out of four units have been completely renovated with upgrades to the kitchen, bathrooms and flooring. The owners plan to paint the exterior and renovate the landscaping before the close of escrow. The property is in a Very Walkable location with a Walk-Score of 90 with nearby amenities such as Western Super Market, Tokyo Central & Main, Marukai Pacific Market, Harajuku Crepe, Bowl Thai and Volcano Tea House. It is walking distance from the Gardena Police Department.
This property is positioned near the 405 and 110 Freeways as well as in close proximity to Hawthorne Airport, the Pacific coastline, major boulevards, and popular landmarks. Its surrounding area is near Gardenas top employers, Memorial Hospital of Gardena and the Hustler Casino, which employ more than 1,400 people. This investment provides steady cash flows and ownership has collected 100% rents.

Exclusively Listed By

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