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15120 South Normandie Avenue

Jamie Nocher And Mason Rowland & Ryan Rembert Of KW Commercial Close Multifamily Sale In Gardena For $7.69M
SOLDMultiFamily

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

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:

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.

Players

Ryan Rembert

Keller Williams Realty

Broker

$230.8M

vol

11 deals

Broker
KW Commercial
KW CommercialBrokerage
Ryan Rembert

Ryan Rembert

Buyer

$230.8M

vol

11 deals

Buyer

Ray Pellegrino

Seller

$132.7M

vol

4 deals

Seller

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