United StatesCaliforniaGardena1048 Marine Avenue

Gardena, California, Los Angeles County, 90247

$3,995,000
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$3,995,000
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10,584 Sq Ft.
Interior
19471 Sq Ft.
Exterior
Commercial
Property type
1986
Year Built
CROC24026530
Web Id
CROC24026530
MLS ID
Los Angeles Unified
School District
This Property is Currently Contract Pending

1048 Marine Avenue

Built in 1986, the Marine Ave. apartments consist of two adjacent (6) unit apartment buildings on the same APN. The property is in the Gardena market, just east of Manhattan Beach and Lawndale, and also surrounded by Hawthorne and Torrance. Situated on a 19,500 square foot lot, the property offers (12) Two-Bedroom/Two-Bathroom units, each measuring just under 900 Sq.Ft. There are a total of (26) total parking spaces, as each unit is assigned Two Carport slots as well as storage space. The on-site laundry room has been renovated with new washers and dryers as well. More than half of the units have been meticulously remodeled with high end finishes, featuring new quartz countertops, new appliances, and new kitchen and bathroom vanities. In addition to the unit remodels, units feature balconies offering quaint patio space. There was a new roof put on just over a year ago, plumbing & electrical have been upgraded, new windows have been installed, and the parking area has been repaved. There is still plenty of upside in rental income to be had. This is a perfect opportunity for any exchange buyer or investor looking to own a very low maintenance asset.

Listing Courtesy of Parker Boehle , NorthMarq Realty Services, Inc

features

Additional Listing Type
In Contract

PROPERTY INFORMATION

Heating
Floor Furnace
Water
Public
Listing Courtesy of NorthMarq Realty Services, Inc
Listing Courtesy of NorthMarq Realty Services, Inc
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