1219 W 144th Street Active

Gardena,CA 90247

$ 1200000

- Bed

- Bath

3290 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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