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Listed by Jeffrey Isenberg, DRE #02059354 • Buckingham Investments, Inc
$1,299,000
Est. payment /mo
5,012 Sqft Lot
New
16701 S Berendo Gardena, CA 90247
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26204065
Year Built 1964
Lot Size 5,012 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Located in the strong & high demand rental market of Central Gardena, 16701 Berendo Ave presents a rare opportunity for owner-occupants and investors alike. The property has been well maintained, with recent Cap Ex including a new roof, freshly sealed upper deck and updated units with new flooring. A buyer can occupy one unit with additional units that generate strong, in-place rental income to offset the mortgage. Capture additional upside with multiple garages offering potential for ADU conversion, subject to city permitting and approval. Convenient access to both the 110 and 91 freeways, along with local public transit options, offer seamless access throughout the South Bay and greater Los Angeles area. Residents enjoy access to recreation and green space including Rowley Park, Arthur Lee Johnson Park and the Gardena/Nakaoka Community Center, Local schools serving the area include: Gardena Elementary, Peary Middle School, and Gardena High School. The nearby Memorial Hospital serves as one of the city's largest employers with a reliable source of healthcare jobs. The broader area is further anchored by a stable and diverse employment base, from Gardena-based aerospace manufacturers like Brek Manufacturing to major South Bay players such as SpaceX, Northrop Grumman, and Hydr
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Rooms
Kitchen Refrigerator, Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Garage, Other, Parking Area
Garage Spaces 10.0
Pool 31, None
View None
Roof Type Flat / Low Pitch
Building
Water Hot Water, District - Public
Others
Tax ID 6111009028
Special Listing Condition Not Applicable

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