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Address
18424 S NORMANDIE Avenue Gardena, CA
Price
$ 8,700,000
Property Attributes
  • MLS#SB19124130
  • TypeIncome
  • CountyLOS ANGELES
  • CityGardena
  • AreaSouth Gardena
  • Zip90248
  • Style
  • Price$ 8,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21886
  • Lot Size0.78 Acres
Listing Provided Courtesy Of:
Sharon Tsukamoto with West Shores Realty, Inc..
Property Description

PRICED TO SELL! RARE SOUTH BAY 46 UNIT APARTMENT COMPLEX LOCATED IN THE GARDENA P.O. (CITY OF LOS ANGELES) ON A 33,919 SQUARE FOOT LOT. THE BUILDING ITSELF IS APPROXIMATELY 21,886 SQ FT. THIS ASSET HAS SO MUCH POTENTIAL! RENTS ARE VERY LOW. UNIT MIX IS 3-STUDIO 1 BATH, 1-2 BEDROOM 1 BATH AND 42-1 BEDROOM 1 BATH. PROPERTY IS UNDER RENT STABILIZATION ORDINANCE (RSO) IN THE CITY OF LOS ANGELES AND UNDER RENT-CONTROL. THE PROPERTY IS MASTER METERED FOR UTILITIES: WATER, ELECTRIC & GAS. THE TENANT ENJOYS RENT THAT INCLUDES THE UTILITIES. EACH UNIT HAS A PARKING SPACE. THE COMPLEX INCLUDES A SPARKLING GATED POOL, SEPARATE COMMON LAUNDRY ROOM WITH 4 WASHER & 4 DRYER HOOKUPS. SELLER-OWNED WASHER/DRYERS ARE NEGOTIABLE. WELL-LIT PARKING LOT IN THE BACK OF THE BUILDING. SECURITY COMPANY PATROLS THE PARKING LOT EVERY NIGHT. CLICK ON THE VIDEO SYMBOL TO SEE THE PROPERTY VIRTUAL TOUR. UPDATED RENT ROLL AND OPERATING INCOME & EXPENSES FOR 2018-2019 IS INCLUDED IN THE SUPPLEMENT SECTION.

Price History
5/29/2019 Listed $9,895,000
6/25/2019 10% - $8,990,000
10/10/2019 4% - $8,700,000

General Features

Accessibility None
Attached Structure Attached
Community Features Sidewalks
Directions NORMANDIE AVE AND 182ND STREET
Flooring Carpet, Laminate, Tile, Vinyl
Levels Two
Listagentaor South Bay
Listing Agent Sharon Tsukamoto - BRE#01015772
Listing Agent State License 01015772
MLS Area 120 - South Gardena
Number of Units Leased 46
Price Per Square Foot 397.51
Property Attached Y/N Yes
Source System CRMLS
Special Listing Conditions Standard
Total Units 46
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Cooling None
Fireplace Features None
Heating Wall Furnace
Heating Y/N Yes
Laundry Features Common Area, Washer Hookup, Washer Included
Laundry Y/N Yes
Range Count 46
Room Type Living Room
Studio Area Unit Type Square Feet
Utilities Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Exterior Features

Building Area Total 21886.00
Garage Spaces 0.00
Lot Features Lot 20000-39999 Sqft
Lot Size Acres 0.7787
Lot Size Area 33919.0000
Lot Size Source Assessor
Lot Size Square Feet 33919.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Pool Features Community, In Ground
Roof Flat
Sewer Public Sewer
Total Parking 46.00
Uncovered Spaces 46.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90248

Price
AVG $8.7M
$8.7M
Visits
AVG 114
114
Year Built
AVG 1963
1963
Walkscore
AVG 57
57
Data Provided by Walkscore ® not using MLS data

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