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FIND THE RIGHT HOME FOR YOU AND YOUR FAMILY IN THE SOUTH BAY AREA, CA

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$12,000,000
78 Days Online

1130 Marine Avenue
Gardena, CA 90247

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Theodore Gardner of Gardner
Call Now: (310) 675-2999
Is this the home for you? We can help make it yours.
(310) 675-2999
1130 Marine Avenue1130 Marine Avenue1130 Marine Avenue1130 Marine Avenue
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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.

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Listing Snapshot
Price 
$12,000,000
Days Online 
78 Days
Bedrooms 
N/A
Inside Area (SqFt) 
27,044 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.96 Acres
Year Built 
1960
MLS Number 
SB21207747
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
3 months agoListing first seen online
General Features
Parking 
Controlled EntranceCarportStorage
Parking Spaces 
44
Sewer 
Public Sewer
Acreage 
0.96
Water 
Public
Attached Garage 
No
Zoning 
GAR3
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
Fireplace 
No
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Exterior Features
Spa 
No
Pool Features 
CommunityFencedIn Ground
Waterfront Property 
No
Pool Expense 
6980
Lot 
LevelNear ParkNear Public TransitRectangular Lot
Community Features
Community Features 
ParkPool
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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