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Listed by: Joshua Cohen (310) 480-2130 DRE #01346713 | Keller Williams Realty (310) 375-3511
$19,500,000
123 Beds
123 Baths
61,439sqft
8356 Gardendale St, Paramount, CA 90723
$19,500,000
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Multi Family
Built in 1988
$-- HOA
1.11 acres lot
$317/sq.ft
Description
Nestled directly on the border of vibrant Paramount and Downey, the Gardendale Park Apartments stand out as a rare gem for discerning investors. Built in 1988 and spanning 61,439 square feet on a generous 1.11 acre lot, this 76-unit community offers a perfect blend of suburban charm and urban accessibility. Priced attractively at $19,500,000 ($256,579 per unit), it's an enticing value-add opportunity in a market where multifamily assets continue to thrive, delivering a Cap Rate of 6.12% and a GRM of 9.81 with untapped potential. The success of this investment lies in efficient and proactive management. To date, approximately half of the large units have been upgraded with...
Continue Reading- Houzeo last checked: 26 Minutes ago
- Listing updated: November 7, 2025 at 4:53 am
- Source: California Regional MLS-CA | MLS#: 25598003
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1988
HOA Fees
-
Finished Area
61,439 sqft
Lot Size
1.11 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25598003
MLS Status
Pending
Days on Market
82
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