15530 Budlong Pl is a well-positioned 6-Unit building Central Gardena. Built in 1962, the 5,771 SF building sits on a 7,247 SF lot, and features (1) 3-Bed/1.5-Bath, (3) 2-Bed/1.5-Bath, and (2) 1-Bed/1-Bath units. Currently sitting at a 3.73% cap rate, there is incredible upside potential of a 5.44% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $9,850/mo, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.
15530 Budlong Pl is a well-positioned 6-Unit building Central Gardena. Built in 1962, the 5,771 SF building sits on a 7,247 SF lot, and features (1) 3-Bed/1.5-Bath, (3) 2-Bed/1.5-Bath, and (2) 1-Bed/1-Bath units. Currently sitting at a 3.73% cap rate, there is incredible upside potential of a 5.44% pro forma cap rate. Given the ideal location in a high-growth city and consistent income of over $9,850/mo, this is a great opportunity to own a quality asset for any Los Angeles CRE investor.