16701 S BerendoGardena, CA 90247

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 Hydroform USA. 16701 Berendo Ave is a compelling opportunity for both owner-occupants or seasoned investors looking to expand their portfolio.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1964

Stories

2

Building area

2,766 Sq Ft

Lot size

0.12 acres

Garage spaces

4

Parking spaces

1

Days on market

54

MLS^® Listing#

SB26204065

Property Features

Appliances

Gas Oven · Refrigerator · Water Heater

Cooling

None

Heating

Wall Furnace

Fireplace

None

Pool

None

Parking

Driveway · Garage

Laundry

None

Fencing

Block

Construction

Stucco

Roof

Flat

Windows

Double Pane Windows

Community

Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Parcel number

6111009028

Directions

Artesia Blvd, North on Vermont Ave to 168th St, West to Berendo Ave.