Gardena, CA 90247 15505 S Budlong Place
$5,100,000
15 more
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
- MLS# 25556997
- 06/25/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 28
Baths • 18
SQFT • 13,832
Garage • 18
Home Details
Highly Desirable Gardena Location - South of Redondo Beach Boulevard | 13 Units Remodeled with Stainless Steel Kitchen Appliances, Granite Counters, Crown & Base Moldings, New Doors, Double-Pane Windows, Light Fixtures and New Closets | Unit Mix of (10) 2-Bedroom/1-Bathroom Units & (8) 1-Bedroom/1-Bathroom Units | 5.13% Cap Rate & 11.82 GRM | 6.44% Pro-Forma Cap Rate & 10.14 Pro-Forma GRM | 13,832-SF Building on a Large 19,336-Square Foot Corner Lot | Total of 18 Garages - Each Unit Contains a 1-Car Garage | Gated Building with Intercom Access | Pool | 2 On-Site Laundry Facilities - Generates Additional Annual Income | No L.A. City Rent Control - Defaults to AB 1482* | Large Lot & Ample Parking Areas Present Desirable Opportunity to Add ADUs | Close Proximity to Pacific Square Shopping Center, Gardena Market Place, SoFi Stadium & Intuit Dome
Presented By: Jonathan Nikfarjam with Shield CRE, Inc.;
Interior Features for 15505 S Budlong Place
Bedrooms
Total Bedrooms28
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths18
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Total Stories2
General for 15505 S Budlong Place
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.13
Carport Y/NNo
CityGardena
Community FeaturesPool
CountyLos Angeles
DirectionsSouth of Redondo Beach Boulevard, West of Vermont Avenue, North of Magnolia Avenue, East of Normandie Avenue
Full Baths
Garage Spaces18.0
Garage Y/NYes
Gross Income432965.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet19336.0
Lot Size UnitsSquareFeet
MLS Area119 - Central Gardena
MobileHomeRemainsYNNo
Net Operating Income261863.0
New ConstructionNo
Number Of Units Total18
Pool FeaturesCommunity, InGround
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1959
Year Built SourceOther
ZoningGAR4
Exterior for 15505 S Budlong Place
Building Area Total13832.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4439
Lot Size Area19336.0
Lot Size SourceEstimated
Number of Buildings2
Number of Separate Electric Meters18
Number of Separate Gas Meters18
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking18.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate