16310 S Ainsworth Street
Gardena, CA 90247
- – beds
- – baths
- – sqft
- 8,913 sqft lot
- 1958 build
- – on site
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Welcome to the Joyce Apartments, a professionally managed 14-unit apartment complex located just north of Downtown Gardena. 16310 S Ainsworth St presents an excellent investment opportunity offering easy commute and convenient access to the 110 and 91 FWYs. This prime location is less than 10 miles from major hubs, including LAX, SpaceX, Tesla Design Studio, and the impressive SoFi Stadium. Constructed in 1958, the 8,302 SF building sits on an 8,911 SF lot with zoning designated as LARD1.5. The unit mix includes: (8) 2-bed/1-bath units, (2) 1-bed/1-bath units, and (4) 0-bed/1-bath units, offering a diverse range of living options along with 13 assigned parking spaces with convenient alley access. Additional amenities include on-site coin-operated laundry facilities, providing convenience for residents. The building is professionally managed, ensuring a well-maintained and efficiently run property, and boasts a fully occupied status with tenants’ current on rents. Financials include a 5.18% cap rate, a 10.99 gross rent multiplier (GRM), and a compelling pro forma cap rate of 8.07% and pro forma GRM of 7.06. The property is located in Gardena PO and is subject to LA RSO regulations.
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Last updated Mar 6, 2024
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MLS# SB23218307 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/24
Mar 5, 2024
|
Sold | CRMLS_CA | $2,155,000 | 7.8% |
|
12/19/23
Dec 19, 2023
|
Pending | CRMLS_CA | $1,999,000 | |
|
11/29/23
Nov 29, 2023
|
Listed / Active | CRMLS_CA | $1,999,000 |