$5,100,000

15505 S Budlong Place Gardena, CA 90247

Estimated payment $33,023/month

Total Views 5,028
28 Beds
18 Baths
13,832 Sq Ft
$369 Price per Sq Ft

Highlights

  • In Ground Pool
  • Laundry Room
  • 18 Car Garage
  • 0.44 Acre Lot

About This Home

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

Listing Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 06/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Parking

  • 18 Car Garage

Interior Spaces

  • 13,832 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 18 Bathrooms

Additional Features

  • In Ground Pool
  • 0.44 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 6113-033-050

Community Details

Overview

  • 2 Buildings
  • 18 Units

Recreation

  • Community Pool

Building Details

  • Vacancy Allowance $12,988

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

18

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 13832
  • Lot Acreage: 0.4440
  • Price Per Unit: 283333.00
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 28
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 368.71

Exterior Features

  • Other Structures: Other
  • Paved: Yes
  • Pool Description: In Ground, Community
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 18
  • Covered Parking: 18
  • Garage Structures: 18
  • Parking Garage: Garage
  • Total Parking: 18

Utilities

  • Number Electric Meters: 18
  • Number Gas Meters: 18

Lot Info

  • Assessed Improvement Percent: 69.23
  • Assessed Improvement Value: 499640
  • Assessed Land Percent: 30.77
  • Assessed Land Value: 222045
  • Total Assessed Value: 721685
  • Assessor Parcel Number: 6113-033-050
  • Lot Size Area: 19336

Rental Info

  • Total Actual Rent: 431556.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.82
  • Number Of Units: 18
  • Total Annual Expense: 158123
  • Type Of Units: 2+1 | 1+1
  • Vacancy Allow: 12988
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Tax Info

  • Tax Rate: 1.25
  • Tax Total: 63750.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $5,100,000 -- $369 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25556997

The MLS