11
See all 11 photos
$1,150,000
Est. payment /mo
8 Beds
4 Baths
3,143 SqFt
New
16928 S Berendo AVE Gardena, CA 90247
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,143 sqft
Price per Sqft $365
MLS Listing ID 26832381
Bedrooms 8
HOA Y/N No
Year Built 1949
Lot Size 6,756 Sqft
Property Description
We are pleased to present 16928 Berendo Ave, a well-positioned 4-unit investment opportunity consisting of 3 legal units and 1 non-conforming unit. The property features a large standalone 3-bedroom, 1-bathroom front house, providing a highly desirable layout for an owner-user or the ability to achieve premium rental income. The remaining units are located in the rear, allowing for a functional separation between living and income-producing components. The property offers strong owner-user appeal, with the ability to live in the front house while collecting income from the rear units to offset the mortgage. Additionally, property is well parked with a total of 5 parking spots. Priced to sell at a 12.13 GRM and 5.05% cap rate, the property is positioned competitively relative to current on-market comparables, offering investors attractive in-place returns with the potential for future growth. For more information, please reach out.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6111017028
Special Listing Condition Standard
Listed by Marcus & Millichap #02038545
NEARBY SCHOOL & BUSINESS
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