- N/A BR
- 0 BA
- N/A SqFt.
- 13,129 Lot
- $3,200,000
- Active
- DOM: 12
Welcome to the Joyce Apartments, a professionally managed 14-unit apartment complex located just north of Downtown Gardena. 16310 S Ainsworth St presents an excellent investment opportunity offering easy commute and convenient access to the 110 and 91 FWYs. This prime location is less than 10 miles from major hubs, including LAX, SpaceX, Tesla Design Studio, and the impressive SoFi Stadium. Constructed in 1958, the 8,302 SF building sits on an 8,911 SF lot with zoning designated as LARD1.5. The unit mix includes: (8) 2-bed/1-bath units, (2) 1-bed/1-bath units, and (4) 0-bed/1-bath units, offering a diverse range of living options along with 13 assigned parking spaces with convenient alley access. Additional amenities include on-site coin-operated laundry facilities, providing convenience for residents. The building is professionally managed, ensuring a well-maintained and efficiently run property, and boasts a fully occupied status with tenants’ current on rents. Financials include a 5.18% cap rate, a 10.99 gross rent multiplier (GRM), and a compelling pro forma cap rate of 8.07% and pro forma GRM of 7.06. The property is located in Gardena PO and is subject to LA RSO regulations.
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
16310 S Ainsworth Street, Gardena, (MLS® #SB23218307)
Date | Details | Price | Change |
---|---|---|---|
Closed | $2,155,000 | – | |
Pending (from Active) | – | – | |
First Day Active | $1,999,000 | – |
Quick Summary of 16310 S Ainsworth Street: This home in Gardena is priced at $1,999,000 . The Apartment residence was originally built in 1958 and was listed on November 29th, 2023 at $1,999,000, showing 5 Days on Market currently. Contact Dave Fratello today for more information or to go see 16310 S Ainsworth Street.
Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 11:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.