1048 Marine Avenue Gardena, CA 90247
Listing Courtesy of: CRMLS / Northmarq Realty Services, Inc / Parker Boehle - Contact:  310-988-8361

  1048 Marine Avenue Gardena, CA 90247

Sold (22 Days)
$3,950,000
10,584
SQFT

Description

Built in 1986, the Marine Ave. apartments consist of two adjacent (6) unit apartment buildings on

the same APN. The property is in the Gardena market, just east of Manhattan Beach and

Lawndale, and also surrounded by Hawthorne and Torrance. Situated on a 19,500 square foot

lot, the property offers (12) Two-Bedroom/Two-Bathroom units, each measuring just under 900

Sq.Ft. There are a total of (26) total parking spaces, as each unit is assigned Two Carport slots as

well as storage space. The on-site laundry room has been renovated with new washers and

dryers as well.

More than half of the units have been meticulously remodeled with high end finishes, featuring

new quartz countertops, new appliances, and new kitchen and bathroom vanities. In addition to

the unit remodels, units feature balconies offering quaint patio space. There was a new roof put

on just over a year ago, plumbing & electrical have been upgraded, new windows have been

installed, and the parking area has been repaved.

There is still plenty of upside in rental income to be had. This is a perfect opportunity for any

exchange buyer or investor looking to own a very low maintenance asset.

MLS #:
OC24026530
Lot Size
0.45 acres
Type
Multifamily
Year Built
1986
County
Los Angeles County

Listed By

Parker Boehle, Northmarq Realty Services, Inc, Contact: 310-988-8361
Bought with
Richard Park, DRE #02118600 CA, Century 21 Union Realty
Source
CRMLS
Last checked Nov 2 2024 at 11:35 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Laundry Room
Lot Information
  • 0-1 Unit/Acre
Heating and Cooling
  • Floor Furnace
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 1
Additional Information: Northmarq Realty Services, Inc | 310-988-8361
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.