$1,200,000
1219 W 144th ST Gardena, CA 90247
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$1,200,000
Est. payment /mo
5,877 Sqft Lot
UPDATED:
11/13/2024 08:28 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR24134027
Originating Board California Regional MLS
Year Built 1957
Lot Size 5,877 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area 118 - Pacific Square
Rooms
Kitchen Hood Over Range, Oven Range - Gas
Interior
Heating Wall Furnace
Flooring Laminate
Laundry None
Exterior
Garage Garage, Common Parking Area
Garage Spaces 4.0
Pool None
Building
Lot Description Grade - Level, Paved
Water District - Public
Others
Tax ID 6114034005
Special Listing Condition Not Applicable
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Listed by Hoeng Yik • Real Estates Unlimited
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