NOT LISTED FOR SALE

15135 Budlong Ave Gardena, CA 90247

17 Beds
10 Baths
8,430 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: April 10, 2025

Last sale price $2,520,000 $299 Per Sq Ft

21 Days on Market

Highlights

  • 0.34 Acre Lot
  • Wood Flooring
  • Living Room
  • Traditional Architecture
  • Tile Countertops
  • 2 Car Garage

About This Home

As of April 2025

Positioned in a growing, high demand area with reliable rental income, this 9-unit complex is centrally located with easy access to freeways and all parts of Los Angeles. Strong mix with one 3 bed/2 bath, six 2 bed/1 bath and two 1 bed/1 bath units, in good condition. All of the units are month-to-month. The building has supplementary income streams available with extra parking, laundry and ADU potential. This property offers stability for any type of buyer whether a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Last Agent to Sell the Property

Rob McGarry

Vista Sotheby’s International Realty Brokerage Phone: 310-463-8488 License #01356525 Listed on: 02/04/2025

Last Buyer's Agent

Vishesh Sharma

Century 21 Coastal Properties License #01984033

Century 21 Coastal Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 14,655 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Level Lot

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • 15 Carport Spaces
  • Parking Available

Home Design

  • Traditional Architecture
  • Apartment
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 8,430 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry in unit

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 10 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 32 / 60
  • Tax Tract Number 1237
  • Assessor Parcel Number 6114012017
  • $2,521 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,598
  • Fuel Expense $3,925
  • Insurance Expense $5,042
  • Professional Management Expense $11,160
  • Trash Expense $9,518
  • Water Sewer Expense $7,376
  • Operating Expense $98,427
  • Gross Income $223,212
  • Net Operating Income $126,985

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.89
  • Professional Management Expense: 11160.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 7376.00
  • Zoning: GAR4
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6114012017
  • Year Built: 1987
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 298.93
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 15.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 9518.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 14655.00
  • Lot Size Acres: 0.3364

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 875 Square Feet
  • Average3 Bed Area: 1780 Square Feet
  • Electric Expense: 1598.00
  • Fuel Expense: 3925.00
  • Gross Income: 223212.00
  • Gross Multiplier: 11.63
  • Gross Scheduled Income: 223212.00
  • Insurance Expense: 5042.00
  • Laundry Income: 500.00
  • Lot Size Area: 14655.0000 Square Feet
  • Net Operating Income: 126985.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Number With Dishwasher: 9
  • Number With Disposal: 9
  • Number With Range: 9
  • Operating Expense: 98427.00
  • Rent Control: No
  • Total Actual Rent: 18601.00
  • Total Expenses: 98427.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 60
  • Tax Census Tract: 6030.04
  • Tax Lot: 32
  • Tax Tract Number: 1237
  • TaxOtherAnnualAssessmentAmount: 2520.76
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2025 04/10/25 Sold $2,520,000 -2.9% $299 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $2,595,000 -7.2% $308 / Sq Ft
02/04/2025 02/04/25 For Sale $2,795,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,848 $905,259 $402,678 $502,581
2024 $13,050 $887,510 $394,783 $492,727
2023 $12,834 $870,109 $387,043 $483,066
2022 $12,268 $853,049 $379,454 $473,595
2021 $12,134 $836,323 $372,014 $464,309
2019 $11,777 $811,520 $360,981 $450,539
2018 $11,397 $795,608 $353,903 $441,705
2016 $10,795 $764,715 $340,161 $424,554
2015 $10,620 $753,229 $335,052 $418,177
2014 $10,650 $738,475 $328,489 $409,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25024792

California Regional Multiple Listing Service (CRMLS)
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