13120 S Vermont Ave
Gardena, CA 90247

Bd   — Ba   12,827 Sqft
The subject property is an 18 unit apartment complex with 16 covered and gated parking spaces, a secure entrance and courtyard with swimming pool. It represents a value added opportunity with rents well below market. The property has a great unit mix of 1, 2, and 3 bedroom apartments. All units are separately metered for gas and electric. The property is located in LA Strip neighborhood of Gardena and is SUBJECT TO RENT CONTROL. Gardena has a population of approximately 52,000 which is growing at approximately 1% per year. With an unemployment rate at 5% and slow but steady job growth, the demand for apartment rentals in the area should remain strong. The property is close to major employment centers in the South Bay and has good freeway accessibility.
  • Neighborhood: Harbor Gateway North
  • Days on Movoto: 69
  • Year Built: 1960
  • HOA:
  • $/Sqft: $150
  • Lot: 15,000 Sqft
  • Property Type: Multi Family
  • MLS#: SB16719703
  • MLS:
  • Listing Office: Re/Max Commercial & Investment
  • Listed By: Olga Wright
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 3 months ago
Go Tour Nearby Homes of 13120 S Vermont Ave, Gardena

Property History

Status
Date
Price
Sold
Dec 14, 2016
$1,925,000
Pending
Oct 10, 2016
Listed
Oct 6, 2016
$1,900,000
#SB16719703
13120 S Vermont Ave is a multi family home located in 90247 in Gardena, CA. It was last listed for $1,925,000, which is 309% above the current market median of $471,000 in 90247 and 286% above the market median of $499,000 in Gardena. 13120 S Vermont Ave is approximately 12,827 square feet, which is 918% above the median size in Gardena of 1,260 Sqft and 918% above the median size in 90247 of 1,260 Sqft. This property's price per Sqft was $150, which is 59% below the current median in 90247 of $369 and 60% below the Gardena median of $379. As of today, , there are 18 properties listed for sale in ZIP code 90247 and 37 properties listed for sale in the city of Gardena. Of those 37 properties, there are 26 single family houses and 11 condos.
Built in 1960, this multi family house at 13120 S Vermont Ave, Gardena CA, 90247 is approximately 12,827 square feet and comes with 16 parking spots. It was last listed with a cost per Sqft of $150. 13120 S Vermont Ave is located in the Harbor Gateway North neighborhood in the Los Angeles Unified School District. The closest school is One Hundred Thirty-Fifth Street Elementary School.

13120 S Vermont Ave, Gardena CA, 90247 was on the market for 69 days. The median days on the market for properties in this area is 16 with a median list price of $499,000 and median cost per square foot of $379. Its current status is sold under the MLS #SB16719703.

View active properties and off-market properties in this area. Or connect with a top-rated Movoto agent to learn about Gardena market trends and find homes like this one.
Movoto
Gardena Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.