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Investment Highlights

  • Rare 10-Unit Asset Featuring Eight 3-Bedroom Units and Two Newly Constructed ADUs
  • Extensive Capital Improvements Including Fully Upgraded Electrical and Plumbing Systems
  • RUBS Program Implemented, Minimizing Landlord Utility Expenses
  • Five Fully Renovated Units Plus Two Brand-New ADUs
  • New Roof Installed in 2022
  • Eight On-Site Parking Spaces

Executive Summary

13406 S Vermont Avenue presents a rare opportunity to acquire a substantially improved 10-unit multifamily asset in the heart of Gardena. The property features an exceptional unit mix consisting of eight spacious three-bedroom units and two newly constructed ADUs, a highly sought- after configuration that is seldom available in the South Bay market. Ownership has completed extensive capital improvements, including five fully renovated units, two brand-new ADUs, upgraded electrical and plumbing systems, and a new roof installed in 2022. Additionally, a RUBS program has been implemented to help offset utility expenses and improve operating efficiency. With a combination of strong in-place income, low operating expenses, and future rental upside, 13406 S Vermont Avenue offers investors the opportunity to acquire a turnkey asset positioned for long-term growth in one of Los Angeles County's most resilient rental markets.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $400,629 $44.08
Other Income $20,075 $2.21
Vacancy Loss $12,019 $1.32
Effective Gross Income $408,685 $44.97
Taxes $58,344 $6.42
Operating Expenses $72,236 $7.95
Total Expenses $130,580 $14.37
Net Operating Income $278,104 $30.60

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $400,629
Annual Per SF $44.08
Other Income (CAD)
Annual $20,075
Annual Per SF $2.21
Vacancy Loss (CAD)
Annual $12,019
Annual Per SF $1.32
Effective Gross Income (CAD)
Annual $408,685
Annual Per SF $44.97
Taxes (CAD)
Annual $58,344
Annual Per SF $6.42
Operating Expenses (CAD)
Annual $72,236
Annual Per SF $7.95
Total Expenses (CAD)
Annual $130,580
Annual Per SF $14.37
Net Operating Income (CAD)
Annual $278,104
Annual Per SF $30.60

Property Facts

Price $4,862,038 CAD
Price Per Unit $486,204 CAD
Sale Type Investment
Cap Rate 5.72%
Gross Rent Multiplier 11.56
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 9,974 SF
No. Stories 2
Year Built 1962
Zoning R3, Los Angeles

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1.5 8 $4,122 CAD 974
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
6117-033-004
Land Assessment
$2,016,420 CAD (2025)
Improvements Assessment
$1,330,483 CAD (2025)
Total Assessment
$3,346,904 CAD (2025)
Annual Taxes
$58,344 CAD ($5.85 CAD/SF)
Tax Year
2026
  • Listing ID: 41047986

  • Date on Market: 2026-06-24

  • Last Updated:

  • Address: 13406 S Vermont Ave, Gardena, CA 90247

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