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    16204 S Orchard Avenue

    Gardena, CA 90247
    • $910,000
    • STATUS: ACTIVE
    • ON SITE: 143 days
    • ID#: 302650145
    UPDATED: 23 min ago
    $910,000
    • 8
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    This property is good for Residential or commercial use. *COVID-19. 1. LA City PCR test, . 2. Kitchen use with assigned cooking time zone for all tenants for breakfast, lunch, dinner cocking time to avoid the social distancing. *Seller Carry, up to $200K, 3.50% 30 year amortization loan with 3 year balloon payment! *All 8 bedrooms are "Room share Renting" situation! Amazing cap rate: 7.97%! (You may have the Rent Roll & Cap Rate sheets upon your request). *Great income property in Gardena! *Remodeling com This property is good for Residential or commercial use. *COVID-19. 1. LA City PCR test, . 2. Kitchen use with assigned cooking time zone for all tenants for breakfast, lunch, dinner cocking time to avoid the social distancing. *Seller Carry, up to $200K, 3.50% 30 year amortization loan with 3 year balloon payment! *All 8 bedrooms are "Room share Renting" situation! Amazing cap rate: 7.97%! (You may have the Rent Roll & Cap Rate sheets upon your request). *Great income property in Gardena! *Remodeling completed with building Permit (#180-10001-34463) from City of Los Angeles! *With 8 bedrooms + 5 bathrooms + Dinning & living rooms + 12 parking spaces + 7 refrigerators + 2 sets of washers & dryers in Laundry room + Solar system with 14 panels + 10,408 sqft (Huge size lot!). *A very good news!! We have 3 way options for management & investment! Option 1, we make 9th bedroom/sink, bathroom & Wet Bar (rent,1,350). Seller is ready to get the building permit! Construction cost will be 28,000! Cap rate, Amazing, 9.81%. Option 2, we make 9th bedroom/sink, bathroom & Wet Bar (rent,750), this room to be lived with on-site manager. Cap rate, 8.88%. Option 3, we make 9th bedroom/sink, bathroom & Wet Bar (rent,1,350). And you can hire an experienced person or this seller as an experienced manager.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    16204 S Orchard Avenue Gardena, CA 90247

    • Price: $910,000
    • Status: ACTIVE
    • Updated: 23 min ago
    • ID#: 302650145
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1958
    Built
    Neighborhood:
    Gardena (90247)
    County:
    Los Angeles
    Area:
    Gardena (90247)
    Property Description
    This property is good for Residential or commercial use. *COVID-19. 1. LA City PCR test, . 2. Kitchen use with assigned cooking time zone for all tenants for breakfast, lunch, dinner cocking time to avoid the social distancing. *Seller Carry, up to $200K, 3.50% 30 year amortization loan with 3 year balloon payment! *All 8 bedrooms are "Room share Renting" situation! Amazing cap rate: 7.97%! (You may have the Rent Roll & Cap Rate sheets upon your request). *Great income property in Gardena! *Remodeling com This property is good for Residential or commercial use. *COVID-19. 1. LA City PCR test, . 2. Kitchen use with assigned cooking time zone for all tenants for breakfast, lunch, dinner cocking time to avoid the social distancing. *Seller Carry, up to $200K, 3.50% 30 year amortization loan with 3 year balloon payment! *All 8 bedrooms are "Room share Renting" situation! Amazing cap rate: 7.97%! (You may have the Rent Roll & Cap Rate sheets upon your request). *Great income property in Gardena! *Remodeling completed with building Permit (#180-10001-34463) from City of Los Angeles! *With 8 bedrooms + 5 bathrooms + Dinning & living rooms + 12 parking spaces + 7 refrigerators + 2 sets of washers & dryers in Laundry room + Solar system with 14 panels + 10,408 sqft (Huge size lot!). *A very good news!! We have 3 way options for management & investment! Option 1, we make 9th bedroom/sink, bathroom & Wet Bar (rent,1,350). Seller is ready to get the building permit! Construction cost will be 28,000! Cap rate, Amazing, 9.81%. Option 2, we make 9th bedroom/sink, bathroom & Wet Bar (rent,750), this room to be lived with on-site manager. Cap rate, 8.88%. Option 3, we make 9th bedroom/sink, bathroom & Wet Bar (rent,1,350). And you can hire an experienced person or this seller as an experienced manager.
    Exterior Features

    Pool N/K Site Curbs

    Interior Features

    Stories 1 Story Total Baths Unit1 5

    Property Features

    Annual Expense Actual 1736 Buildings 1 Gross Scheduled Income Actual 93360 Terms CashConventionalExchange Unit Number For Unit1 1 Unit1 Rent Actual 93360.0 Zoning Assessor

    Listing provided courtesy of Kasumi Realty, Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92131