13120 S Vermont Ave
Gardena, CA 90247

Bd   — Ba   12,827 Sqft    69 Days
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.
  • $0 HOA
  • $150/Sqft
  • MLS#SB16719703 provided by Olga Wright of Re/Max Commercial & Investment
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 8 months ago

Home Features for 13120 S Vermont Avenue , Gardena

Year Built: 1960
Property Condition: Repairs Cosmetic
Lot Size Acres: 0.34
Lot Size Square Feet: 15000
Lot Size Units: Square Feet
Lot Size Area: 15000
Price Per Square Foot: 150.07
Tax Tract Number: 2911
New Taxes Expense: 22648
Parcel Number: 6117027003
Tax Census Tract: 2911.2
Tax Block: 44
Special Listing Conditions: Standard
Standard Status: Closed
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About Selling

Property History for 13120 S Vermont Avenue, Gardena

Status
Date
Price
Sold
Dec 14, 2016
$1,925,000
Pending
Oct 10, 2016
Listed
Oct 6, 2016
$1,900,000
#SB16719703

Refinance Rates for 13120 S Vermont Avenue, Gardena

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Real Estate Market Statistics for 13120 S Vermont Avenue, Gardena

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13120 S Vermont Avenue

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List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.9M

13120 S Vermont Avenue

$499K

90247

10% y/y

90247

$500K

Gardena

6% y/y

Gardena

See all trends for Gardena
13120 S Vermont Ave in 90247 was last listed for $1,925,000. As of today, , this is 285% above the current median price of $500,000 for the city of Gardena, CA and 285% above the median of $499,900 for ZIP code 90247. Right now, there are 29 properties for sale in 90247 and 52 properties listed for sale in Gardena. Those 52 properties are made up of 33 single family homes and 19 condos. The square footage of 13120 S Vermont Ave is approximately 12,827, which is 872% above the median size of 1,319 Sqft in Gardena and 918% above the median size of 1,260 square feet in ZIP code 90247. This property's price per square foot was $150, which is 60% below the current $373 median in 90247 and 59% below the $366 Gardena median.
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 19 with a median list price of $500,000 and median cost per square foot of $366. Its current status is sold under the MLS #SB16719703.

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