Updated Jan 9, 2026
Jamie Nocher And Mason Rowland & Ryan Rembert Of KW Commercial Close Multifamily Sale In Gardena For $7.69M
15120 South Normandie Avenue
$7,693,000
$262/SF
Building Size
29,272 SF
Asset Type
MultiFamily
Closing
Dec 24, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located at 15120 South Normandie Avenue in Gardena. The sale price for this property was $7,693,000, encompassing 38 units with a price per unit of $202,447. The total square footage of the property is 29,272, which results in a price per square foot of $262.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,693,000
- Units: 38
- Price Per Unit: $202,447
- Square Footage: 29,272
- Price Per Square Foot: $262
- Buyer: Jamie Nocher, Mason Rowland & Ryan Rembert - Sunrise Gardena LP
- Seller: Ray Pellegrino
- Brokers: Mason Rowland & Ryan Rembert - KW Commercial
The transaction involved the buyer, Sunrise Gardena LP, represented by brokers Mason Rowland and Ryan Rembert from KW Commercial. The seller of the property was Ray Pellegrino, finalizing the deal on 12/24/2025.
On the Map
$7,693,000
$262/SF
MultiFamily
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Players
Gardena MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93