Cocoon 20 | 13919 S Normandie Ave
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Cocoon 20 13919 S Normandie Ave
21 Unit Apartment Building $9,762,526 CAD ($464,882 CAD/Unit) 5.63% Cap Rate Gardena, CA 90249
Investment Highlights
- New Construction built in 2024.
- Brings affordable, community-focused housing to the urban area of Gardena.
- Possibility to add an ADU unit.
- Modern, sleek design.
Executive Summary
See setup sheets -There are several options for financing.
Built in 2024, Apartments 20 meets the rising demand for affordable, community-focused housing in the urban area of Gardena. As rental costs soar and space becomes scarce, innovative living solutions are crucial. This project caters to residents who seek budget-friendly, well-designed housing that fosters social interaction. The property features units that are all studios and are compact, well designed, 385 rentable square foot modern units with shared amenities, Apartments 20 addresses both the financial and social needs of urban living. This combination makes it a compelling investment opportunity in today's market.
These light-filled apartments are designed with modern living in mind. They feature in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinets, and quartz countertops. Enjoy the comfort of central air conditioning and heating, along with durable vinyl wood flooring. The apartments offer great closet space and are part of a community that provides convenient amenities, including a dog run, barbecue area, controlled access, reserved parking, an elevator, and a rooftop lounge for relaxation and entertainment. Property is currently vacant and will be ready for occupancy within 45 days.
Built in 2024, Apartments 20 meets the rising demand for affordable, community-focused housing in the urban area of Gardena. As rental costs soar and space becomes scarce, innovative living solutions are crucial. This project caters to residents who seek budget-friendly, well-designed housing that fosters social interaction. The property features units that are all studios and are compact, well designed, 385 rentable square foot modern units with shared amenities, Apartments 20 addresses both the financial and social needs of urban living. This combination makes it a compelling investment opportunity in today's market.
These light-filled apartments are designed with modern living in mind. They feature in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinets, and quartz countertops. Enjoy the comfort of central air conditioning and heating, along with durable vinyl wood flooring. The apartments offer great closet space and are part of a community that provides convenient amenities, including a dog run, barbecue area, controlled access, reserved parking, an elevator, and a rooftop lounge for relaxation and entertainment. Property is currently vacant and will be ready for occupancy within 45 days.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- Controlled Access
- Fenced Lot
- Property Manager on Site
- Gated
- Grill
- Pet Play Area
- Bicycle Storage
- Car Charging Station
- Community-Wide WiFi
- Elevator
- Pet Washing Station
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 20 | - | - |
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Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 6102-018-017 | Improvements Assessment | $0 CAD |
Land Assessment | $598,513 CAD | Total Assessment | $598,513 CAD |
PROPERTY TAXES
Parcel Number
6102-018-017
Land Assessment
$598,513 CAD
Improvements Assessment
$0 CAD
Total Assessment
$598,513 CAD
zoning
Zoning Code | GA |
GA |
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Cocoon 20 | 13919 S Normandie Ave
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