John E Burge

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13919 S Normandie Avenue #20Gardena, CA 90249

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

13919 S Normandie Avenue #20 Overview

Time on Site:
10 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 Avenue #20 Facts & Features

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

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 541500.0
  • Net Operating Income: 367512.0

Listing Information

  • Buyer Financing: Cash

Building Information

  • New Construction: Yes
  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 115 - North Gardena
  • Postal City: GARDENA

Community/Development

  • Community Features: Gated

Rent/Lease Information

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

General Information

  • Disclosures: Familial Relation
  • Parcel Number: 6102018017
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 21
  • Bedrooms Total: 0

Building Interior

  • Building Area Total: 14409.0

General Information

  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer
  • Door Features: Sliding Doors
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Inside,In Kitchen
  • Levels: Three Or More
  • Living Area: 14409.0
  • Living Area Source: Plans
  • Security Features: Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Resident Manager,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories Total: 3

Unit Information

  • Unit Number: 20

Exterior

Parking Information

  • Open Parking Spaces: 20.0
  • Parking Features: Attached Carport,Assigned,Controlled Entrance,Carport,Gated,One Space,Side By Side,Uncovered
  • Parking Total: 21.0

Lot Information

  • Lot Size Acres: 0.3525
  • Lot Size Area: 15356.0
  • Lot Size Square Feet: 15356.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 20
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Modern
    • Attached Garage: Yes
    • Construction Materials: Stucco
    • Patio And Porch Features: Open,Patio,Rooftop,Stone
    • Roof: Rolled/Hot Mop

    General Information

    • Carport Spaces: 1.0
    • Carport: Yes
    • Number Of Units Total: 21
    • Pool Features: None
    • Pool Private: No
    • Sewer: Other

    13919 S Normandie Avenue #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 Avenue #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 Avenue #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 Avenue #20 History

    Date Event Value Agent
    6/29/2026Source: CRMLS Added to Database
    June 29, 2026
    Listing provided courtesy of Berkshire Hathaway HomeServices California PropertiesLee Johnson- MLS# 26853209MLS ProviderContact Information: 310-829-0629
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