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: $0 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 6 months ago

Home Features for 13120 S Vermont Avenue, Gardena

Overview
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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
13120 S Vermont Ave in ZIP code 90247 is a multi family home that was last listed for $1,925,000. This is 353% above the current median of $425,000 for 90247 and 302% above the current median price of $479,000 for the city of Gardena, CA. As of today, , there are 25 properties listed for sale in the 90247 area and 45 properties listed for sale in Gardena. Of those 45 properties for sale, 27 are single family homes and 18 are condos. 13120 S Vermont Ave is approximately 12,827 Sqft, 936% above the Gardena median of 1,238 and 1006% above the 90247 ZIP code median of 1,160. The price per square foot was $150 which is 57% below the current median price in 90247 of $346 and 60% below the Gardena median of $379 per square foot.
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 43 with a median list price of $479,000 and median cost per square foot of $379. Its current status is sold under the MLS #SB16719703.

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