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 7 minutes ago
  • CRMLS last updated this listing 2 months ago
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Property History for 13120 S Vermont Ave, Gardena

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 in 90247 was last listed for $1,925,000. As of today, , this is 318% above the current median price of $459,990 for the city of Gardena, CA and 314% above the median of $464,900 for ZIP code 90247. Right now, there are 21 properties for sale in 90247 and 43 properties listed for sale in Gardena. Those 43 properties are made up of 28 single family homes and 15 condos. The square footage of 13120 S Vermont Ave is approximately 12,827, which is 900% above the median size of 1,283 square feet in Gardena and 825% above the median size of 1,386 Sqft in ZIP code 90247. This property's price per square foot was $150, which is 53% below the current $317 median in 90247 and 55% below the $334 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 for $1,900,000 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 23 with a median list price of $459,990 and median cost per square foot of $334. Its current status is sold under the MLS #SB16719703.

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