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Image 1 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 2 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 3 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 4 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 5 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 6 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 7 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 8 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Image 9 - Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA - House for sale
Home For Sale In Gardena, California
Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA

Home For Sale In Gardena, California

house for sale
Listed: 03/23/24

Monterey Motel, 13200 South Vermont Avenue, Los Angeles, CA 90061, USA

32 Bed:
16 Bath:
2,304 Sq Ft Living Area:
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Price
$ 1,65M

About This House

Amazing Income Property Opportunity with this Five unit building which consists of a four-unit complex + ADU. Complemented by a newly constructed ADU and strategically located with convenient access to the 110 and 10 freeways. Priced attractively at just $330 per unit for fully renovated spaces, this property presents a substantial upside potential, boasting an impressive 7% Cap Rate. Although situated in the City of LA, the map indicates it falls within the city of Gardena. Featuring in-unit laundry facilities, this impeccably renovated five-unit complex showcases brand-new appliances, new paint, new floors and new fixtures. The neighborhood provides effortless access to cultural attractions, making it an ideal choice for discerning professionals and creatives seeking an urban lifestyle with all amenities close by. The apartments are tastefully designed with modern finishes carefully selected to cater to the needs and preferences of today's discerning tenants.

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Los Angeles Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In April 2024, the asking price for 2 bed houses for sale in/near Los Angeles, United States averaged $1,153,562, a decrease of 13.1% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of April 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.