Incredible investment opportunity to own a fourplex with significant upside in Gardena! This spacious fourplex boasts a unit mix of two (2) 2 beds/1 bath units and two (2) 1 bed / 1 bath units. All 4 units have the convenience of their own garage parking and outdoor spaces (bottom units with private yards and upstair units with private balconies). Some units have newer flooring & paint and each unit are individually metered for gas and electricity, and also has an individual water heater. Total current rents are approx. 40% below market with potential to increase rents to bring cap rate over 7.3%. There is also the potential to convert the spacious 4 car garage to an ADU (buyer to verify). Located in a great rental location and with strong rental income potential, this property makes an excellent investment to add to your portfolio!
MLS #
CRAR24134027
MLS Source
California Regional MLS
Days on Site
144
Appliances
Hood Over Range, Oven Range - Gas
Flooring
Laminate
Laundry
None
Heating
Wall Furnace
Pool
None
Garage/Parking
Common Parking Area, Garage, Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 765 | – | 0/0 | – |
2 | 880 | – | 0/0 | – |
1219 W 144th St is a Residential Income in Gardena, CA 90247. This – square foot property sits on a 5,877 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1957.
This address can also be written as 1219 W 144th St, Gardena, CA 90247.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 13, 2024. For the most current information, please contact Hoeng Yik