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Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22041854
Sold Date 04/26/22
Bedrooms 4
HOA Y/N No
Lot Size 5,001 Sqft
Property Description
16907 Brighton Ave is a well-positioned 2-Unit building Gardena. Built in 1961, the 1,650 SF building sits on a 5,001 SF lot, and features (1) 2-Bed/1-Bath. Currently sitting at a 2.92% cap rate, there is incredible upside potential of a 4.91% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $3,500/mo, this this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
16907 Brighton Ave is a well-positioned 2-Unit building Gardena. Built in 1961, the 1,650 SF building sits on a 5,001 SF lot, and features (1) 2-Bed/1-Bath. Currently sitting at a 2.92% cap rate, there is incredible upside potential of a 4.91% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $3,500/mo, this 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 $40
Space Rent $1,650
Financing Conventional
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Bought with Warren Short • Keller Williams Beach Cities
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878