Hollypark (114) Real Estate

Hollypark (114) Real Estate

Welcome to Hollypark, a charming neighborhood nestled in the vibrant city of Gardena, California, within the heart of Los Angeles County. Hollypark is a hidden gem that perfectly blends suburban tranquility with the excitement of urban living. This inviting community is characterized by its tree-lined streets, well-maintained homes, and a friendly atmosphere that makes it an ideal place for families, young professionals, and retirees alike.

One of Hollypark's standout features is its accessibility. With major highways and public transportation options nearby, residents enjoy easy commutes to downtown Los Angeles, the South Bay, and beyond. The neighborhood is also just a short drive away from stunning beaches, shopping centers, and a variety of dining options, catering to every palate.

Hollypark is not just about convenience; it also boasts a strong sense of community. Local parks provide ample opportunities for outdoor activities, picnics, and family gatherings. The area is home to several schools, making it an attractive choice for families looking to settle down in a nurturing environment.

In addition to its residential charm, Hollypark is rich in cultural diversity, reflecting the vibrant tapestry of Los Angeles itself. Whether you're exploring local eateries, participating in community events, or simply taking a leisurely stroll through the neighborhood, you'll feel the welcoming spirit that makes Hollypark a wonderful place to call home.

Discover the allure of Hollypark, where comfort meets convenience, and community thrives in the heart of Gardena. Your dream home awaits in this delightful neighborhood!

Newest Listings in Hollypark (114)

1914 W El Segundo Boulevard, Gardena
$4,100,000
18 Beds ⋅ 20 Baths ⋅ 26105119 MLS ⋅ Active Status
We are pleased to present 1914-1918 W. El Segundo Boulevard, an attractive 18-unit multifamily investment opportunity located directly across from Chester Washington Golf Course in Gardena, California. Offered at $4,100,000, the property features a strong 6.20% current cap rate and 10.37 GRM, providing investors with immediate cash flow and additional rental upside. Built in 1958, the property consists of two 9-unit buildings situated on separate APNs, totaling approximately 16,511 square feet of improvements on a combined 12,012-square-foot lot. The desirable unit mix consists of (2) spacious three-bedroom/two-bathroom units, (14) one-bedroom/one-bathroom units, and (2) studios. Each building features a three-bedroom owner's unit with a fireplace. The property has benefited from several significant capital improvements, including a newer roof (2024), copper repiping and drain line improvements (2019), and the relining of both main sewer lines (2025). Select units have been tastefully renovated with updated kitchens featuring quartz-style countertops, subway tile backsplashes, modern fixtures, new flooring, and remodeled bathrooms. Additional property amenities include 18 parking spaces, a dedicated on-site laundry room, separately metered gas and electricity, and individual water heaters for all units except the two studios. At the asking price, the property offers an attractive cost basis of approximately $227,778 per unit and $248 per square foot. Current operations generate approximately $395,548 in annual gross income, with projected income of $425,800 at market rents, resulting in a 6.92% pro forma cap rate. With its significant recent infrastructure upgrades, selectively renovated interiors, strong existing cash flow, two separate parcels, and convenient South Bay location, 1914-1918 W. El Segundo Boulevard represents an excellent opportunity to acquire a well-maintained multifamily asset with immediate income and long-term appreciation potential.

1914 W El Segundo Boulevard, Gardena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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