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For Sale

$1,249,000

5,014 sqft$249/sqft52 days on market

16701 S Berendo AVE

Gardena, CA 90247

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,014

Square feet

1964

Built

Listing narrative

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.

Listing agent (MLS): Jeffrey Isenberg · Listing brokerage (MLS): Buckingham Investments, Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,249,000

Beds

Beds n/a

Type

House

Home Size

5,014 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1964

Status

For Sale

Days on Market

52

$ / Sqft

$249

· 8% down, 7% APR, 30yr fixed
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Courtesy of Buckingham Investments, Inc