$1,972,000
$1,900,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
8 Baths
7,247 Sqft Lot
SOLD DATE : 04/15/2022
Key Details
Sold Price $1,972,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22041779
Sold Date 04/15/22
Bedrooms 9
HOA Y/N No
Lot Size 7,247 Sqft
Property Description
15530 Budlong Pl is a well-positioned 6-Unit building Central Gardena. Built in 1962, the 5,771 SF building sits on a 7,247 SF lot, and features (1) 3-Bed/1.5-Bath, (3) 2-Bed/1.5-Bath, and (2) 1-Bed/1-Bath units. Currently sitting at a 3.73% cap rate, there is incredible upside potential of a 5.44% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $9,850/mo, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
15530 Budlong Pl is a well-positioned 6-Unit building Central Gardena. Built in 1962, the 5,771 SF building sits on a 7,247 SF lot, and features (1) 3-Bed/1.5-Bath, (3) 2-Bed/1.5-Bath, and (2) 1-Bed/1-Bath units. Currently sitting at a 3.73% cap rate, there is incredible upside potential of a 5.44% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $9,850/mo, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
Location
State CA
County Los Angeles
Area Gardena (90247)
Zoning Assessor
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $48
Space Rent $2,750
Financing Cash
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Bought with NON LISTED AGENT • San Diego
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