$ 1,200,000
1219 W 144th Street Gardena, CA 90247
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Listed by Hoeng Yik • Real Estates Unlimited
$ 1,200,000
Est. payment | /mo
3,290 SqFt
$ 1,200,000
Est. payment | /mo
3,290 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,290 sqft
Price per Sqft $364
MLS Listing ID CRAR24134027
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Heating Wall Furnace
Flooring Laminate, Carpet, Wood
Fireplace No
Laundry No Hookups
Building
Lot Description Level, Other, Back Yard, Garden, Paved
Water Public
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