1130 Marine Avenue
1130 Marine Avenue
$10,550,000
3
44
27,044
27,044
$390
Closed 12/28/22
Description
Proudly presenting for sale a Gardena multi-family investment opportunity at its finest. This extremely well-maintained property known as the El Dorado Apartments consists of 44 apartment units, laundry facilities, a large swimming pool, and a beautifully landscaped front and courtyard. The pride of ownership is on display throughout the exterior and interior of the property. It is secured and gated offering tenants ample parking and storage along dual driveways. A diversified unit mix of 75% one-bedroom,...Proudly presenting for sale a Gardena multi-family investment opportunity at its finest. This extremely well-maintained property known as the El Dorado Apartments consists of 44 apartment units, laundry facilities, a large swimming pool, and a beautifully landscaped front and courtyard. The pride of ownership is on display throughout the exterior and interior of the property. It is secured and gated offering tenants ample parking and storage along dual driveways. A diversified unit mix of 75% one-bedroom, and 25% two-bedroom units offer tenants multiple options at different price points within their budget. With approximately 30%-40% in rental upside, this turn-key property will offer investors a healthy and profitable cash flow. The El Dorado Apartments are conveniently located at 1130 Marine Avenue in Gardena right next to the Memorial Hospital. Also, a block over is the major commercial corridor on Redondo Beach Blvd. where you will find acclaimed restaurants, shopping centers, and a major casino. Recreation Centers, award-winning schools, international markets, and access to major freeways can all be found within blocks of the El Dorado Apartments. In the thriving and highly sought-after South Bay real estate market, there is tremendous access to large employers, retailers, Downtown LA, the Los Angeles Airport (LAX), and pristine coastal communities. A new owner will have the opportunity to increase the value of this highly desirable and rarely seen investment offering of 44 spectacular apartment units in Gardena, California.
Property Details for 1130 Marine Avenue
Parking Spaces Total
44
Private PoolNo
Total Units44.0
Building TypeAttached
Lot Size SourceAssessor
Living Area27044
Assessor Parcel Number6114-026-042
Property Attached YNtrue
Location
LISTING UPDATED: 12/29/2022 05:46 AM
Property Details for 1130 Marine Avenue
Status | Closed |
---|---|
MLS # | SB22260621 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
County | Los Angeles County |
Location
Building Information for 1130 Marine Avenue
Building/Complex1130 Marine AveFloor-Stories-Residences-Pet Policy-Year Built1960Building Size-
Payment Calculator
$68,783 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1130 Marine Avenue
Property History for 1130 Marine Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1130 Marine Avenue
Taxable ValueLand$3,700,000Additions$6,858,380Total$10,558,380
Tax Record2023$134,488 ($11,207 / month)
Home Facts
Total Finished SqFt27,044 SqFtAbove Grade Finished SqFt27,044 SqFtLot Size42,029 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningGAR3CountyLOS ANGELESAPN6114-026-042
Schools near 1130 Marine Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Amestoy Elementary School PublicK to 5 | ||
New Designs Charter School-Watts Charter6 to 12 | ||
Gardena Senior High School Public9 to 12 | ||
Moneta Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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