Listing provided courtesy of Berkshire Hathaway HomeServices California Propert- MLS# 26853209MLS Provider

13919 S Normandie Ave #20Gardena, CA 90249

Multi-Family · 14,409 Sq. ft. | 0.35 Acres
$5,999,000 Active

13919 S Normandie Ave #20 Overview

Time on Site:
11 hours
Visits:
0

Rare opportunity to acquire a newly built (2024) 21-unit studio apartment community in Gardena, CA. Recently stabilized with occupancy exceeding 90%, the property features market-rate rents, modern construction, RUBS utility reimbursement, Community WIFI managed system, separately metered electricity, and professionally managed operations. Strong in-place cash flow with additional upside through continued lease-up and future rent growth. See Offering Memorandum and pro forma for complete financial details.

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13919 S Normandie Ave #20 Facts & Features

  • Type Multi-Family
  • Sq. ft. 14,409
  • Price/Sq.ft. $416
  • Lot 0.35 Acres

Details

General

Income/Expenses

  • Gross Income: 541500
  • Net Operating Income: 367512.00

Building Information

  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: North Gardena

Rent/Lease Information

  • Tenant Pays: Electricity, Cable TV, Water, Trash Collection, Gas

Tax Information

  • Tax Assessed Value: 417220

General Information

  • Disclosures: LA/Owner Related
  • Property Condition: New Construction
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 21.00
  • Bedrooms Total: 0

General Information

  • Cooling: Central
  • Flooring: Vinyl Plank
  • Heating: Central
  • Levels: Three Or More
  • Living Area: 14409
  • Living Area Source: Plans
  • Security Features: Fire Sprinklers, Gated, Fire and Smoke Detection System, Automatic Gate, Carbon Monoxide Detector(s), Resident Manager, Smoke Detector, T.V.
  • Spa Features: None
  • Spa: False
  • Stories: 3

Unit Information

  • Unit Number: 20

Exterior

Parking Information

  • Open Parking Spaces: 20
  • Parking Total: 21

Lot Information

  • Lot Features: Automatic Gate, Fenced, Gated Community, Street Asphalt, Curbs, Gutters
  • Lot Size Acres: 0.3525
  • Lot Size Area: 15356
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 20
  • Water Source: District, Meter on Property

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Modern
    • Construction Materials: Stucco
    • Patio And Porch Features: Roof Top Deck, Patio Open, Rock/Stone
    • Roof: Flat, Rolled/Hot Mop

    General Information

    • Carport Spaces: 1
    • Number Of Units Total: 21
    • Other Structures: None
    • Pool Features: None
    • Pool Private: False
    • Sewer: In Street

    13919 S Normandie Ave #20 Neighborhood

    Community

    90249 (Gardena) Demographics

    41
    Median Age
    8,706
    Population Density (per sq. mile)
    33%
    College Educated
    $65,397
    Estimated Median Income
    5,100
    Estimated Total Home Owners
    3,631
    Estimated Total Renters
    58% / 42%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    13919 S Normandie Ave #20 Monthly Cost

    $
    $ %
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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    13919 S Normandie Ave #20 Market Data

    Based on the last 30 days in this zip code

    $883,560
    Average List Price
    $563
    Average Price per Square Foot
    0
    Properties Sold
    50
    Average Days on Market
    101
    Properties for Sale
    Calculations provided by Reliance Network

    13919 S Normandie Ave #20 History

    Date Event Value Agent
    6/29/2026Source: TheMLS (CLAW) Added to Database
    June 29, 2026
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