1219 W 144th Street
Gardena, CA 90247
0.13 acres | #AR24134027
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!
Interior Details
- InteriorBalcony
Property Details
- Lot DescriptionBackYard, Garden, Level, Paved, Yard
- Stories2
Measurements
- Acres0.1349
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1957
Utilities / Energy Details
- Utility FeaturesElectricityAvailable, SewerConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,200,000
Other
- MLS #AR24134027
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Hoeng Yik (#A37834)
Listing Office: Real Estates Unlimited (#30904)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.