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Sold on 04/10/2025
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15135 S Budlong Ave, Gardena, CA 90247

$2,520,000

Last sold 04/10/2025 after 65 Days

  • —

    bed

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    bath

Multi-family not for sale

About 15135 S Budlong Ave

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 0.34 Acre
Parking 2 garage spaces
Rental estimate
Property description
Positioned in a growing, high demand area with reliable rental income, this 9-unit complex is centrally located with easy access to freeways and all parts of Los Angeles. Strong mix with one 3 bed/2 bath, six 2 bed/1 bath and two 1 bed/1 bath units, in good condition. All of the units are month-to-month. The building has supplementary income streams available with extra parking, laundry and ADU potential. This property offers stability for any type of buyer whether a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Listed by
Listing Agent - Rob McGarry
Listing Agent Contact: 310-463-8488
Listing Office - Vista Sotheby’s International Realty
Source: CRMLS mls logo
MLS#SB25024792 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style Two, Traditional
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.3364
Lot Size (SqFt) 14655
Year Built 1987
Condition Turnkey
Interior
Other Room(s) Living Room
Appliances Dishwasher, Free-Standing Range
Interior Features Tile Counters
Accessibility Features None
Exterior
Foundation Slab
Construction Stucco
Building Area Square Feet, 8430
Parking Carport, Garage
# Uncovered Spaces 3
# Carport Spaces 15
# Parking Spaces 20
# Garage Spaces 2
Lot Description Level
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Sidewalks, Suburban
Zoning GAR4
Directions On The West Side Of Budlong Avenue, Between Marine Ave And Redondo Beach Blvd
APN 6114012017
Multifamily Details
Vacancy Allowance Rate 3
Expense: Trash 9518
Laundry Income 500
Operating Expense 98427
Cap Rate 4.89
Expense: Insurance 5042
Total Expenses 98427
Expense: Water/ Sewer 7376
Gross Income 223212
Expense: Electric 1598
Gross Multiplier 11.63
Gross Scheduled Income 223212
Expense: Fuel 3925
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,778/month
Gross rent multiplier: 118.1
  • Apr 2025
    mls logo MLS # SB25024792
  • Apr 10, 2025 Sold
    $2,520,000
  • Mar 20, 2025 Pending
    —
  • Feb 26, 2025 Active
    —
  • Feb 12, 2025 Price Change
    $2,595,000 (-7.2%)
  • Feb 4, 2025 Listed
    $2,795,000
  • Apr 2025
    Public Records
  • Apr 10, 2025 Sold
    $2,520,000 (-2.9%)
  • Year Property taxes Tax assessment
  • 2024
    $13,050 +1.7%
    $887,510 +2.0%
  • 2023
    $12,834 +4.6%
    $870,109 +2.0%
  • 2022
    $12,268 +1.1%
    $853,049 +2.0%
  • 2021
    $12,134 -0.6%
    $836,323
  • 2020
    $12,213
    $836,323
  • 15135 S Budlong Ave
    $2.52M
  • South Bay
    $1.76M
  • 90247
    $699K 0% y/y
  • Gardena
    $729K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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