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Multifamily

Oasis Apartments

13605 S Vermont Ave, Gardena, CA 90247

Listing Price: $15,250,000

Cap Rate
4.07%
Number of Units
66
Occupancy
95.5%
Price/Unit
$231,061
Price/Gross SF
$406.73
Gross SF
37,494

Investment Overview

Marcus & Millichap is pleased to present to market The Oasis, a 66 unit apart-ment community in Gardena, California. The property is comprised of one building with a desirable mix of 20 large 1 bedroom-1 bathroom with patios, 36 1 bedroom-1 bathrooms, 8 2 bedroom -1 bathroom units and two studios. Current ownership has implemented renovation strategies and has raised rents however this offering presents an opportunity to raise rents to “actual” market rents and capitalize on a strong assumable loan with interest only . Located on the west side of Vermont Ave, this property does not fall under LA rent control, rather AB 1482.

Investment Highlights

  • Only 16 Buildings in Gardena between 50-250 Units - Rare Large Asset
  • Low Price Per Unit
  • Located West Of Vermont

Exclusively Listed By

Listing Price: $15,250,000

Cap Rate
4.07%
Number of Units
66
Occupancy
95.5%
Price/Unit
$231,061
Price/Gross SF
$406.73
Gross SF
37,494

Investment Highlights

  • Only 16 Buildings in Gardena between 50-250 Units - Rare Large Asset
  • Low Price Per Unit
  • Located West Of Vermont

Investment Overview

Marcus & Millichap is pleased to present to market The Oasis, a 66 unit apart-ment community in Gardena, California. The property is comprised of one building with a desirable mix of 20 large 1 bedroom-1 bathroom with patios, 36 1 bedroom-1 bathrooms, 8 2 bedroom -1 bathroom units and two studios. Current ownership has implemented renovation strategies and has raised rents however this offering presents an opportunity to raise rents to “actual” market rents and capitalize on a strong assumable loan with interest only . Located on the west side of Vermont Ave, this property does not fall under LA rent control, rather AB 1482.

Exclusively Listed By

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