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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 4,400,000

Est. payment | -/mo

28 Beds

22 Baths

14,415 SqFt

Save

$ 4,400,000

Est. payment | -/mo

Save

28 Beds

22 Baths

14,415 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 14,415 sqft

Price per Sqft $305

MLS Listing ID 26102535

Bedrooms 28

HOA Y/N No

Year Built 1965

Lot Size 0.537 Acres

Property Description

The Marquee Apartments, located at 14413 S. Berendo Ave. in Gardena,California, offers a prime investment opportunity within the competitiveSouth Bay submarket of Los Angeles County. This 19-unit multi-family asset, constructed in 1965, occupies a 0.54-acre site and encompasses14,415 square feet of rentable area. The property features a stabilized unit mix of one studio, nine one-bedrooms, six 2-bed/1-bath units, two2-bed/1.5-bath units, and one 3-bed/1.5 unit. ~30% Rental Upside Potential The property also has gated 24 parking spaces, and on-site laundry facilities, all set within a maintained residential environment.Operational performance is underpinned by significant recent capital improvements aimed at reducing deferred maintenance and longterm operating expenses. Upgrades include a new roof, new water heater, and the installation of a sewer line liner. Mechanical and infrastructure systems have been modernized via a 40-foot main water pipe replacement, 110 feet of new insulated exterior copper piping, and electrical upgrades in 18 of the 19 units. Exterior site maintenance is also addressed through new rain gutters and fencing on the south side.

Location

State CA

County Los Angeles

Area 118 - Pacific Square

Zoning GAR3

Interior

Heating None

Cooling None

Fireplace No

Laundry Common Area

Exterior

Parking Features Detached Carport, One Space

Total Parking Spaces 24

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6114019016

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Adam Peterson CB Richard Ellis, Inc. #01815802

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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14413 S Berendo AVE Gardena, CA 90247