$1,240,000
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1733 W 144th ST Gardena, CA 90247
5,540 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24133738
Year Built 1963
Lot Size 5,540 Sqft
Property Description
Excellent opportunity to own a strong cash flowing 4-unit income property in the city of Gardena. Total rents are $7,611/mo or $91,332/yr (approx. 5.39% cap rate and 13.57 GRM). The rents have significant upside and has a potential to be 7.21% cap rate with market rents. The 2-story building totals 3,410 sq ft and consist of three (3) 2 bed/1.5 bath townhouse style units ( two-story with no neighbors above or below) and one (1) spacious 1 bed/1 bath unit. Some units have been updated over the years with newer floors, paint, kitchen countertops, sinks, appliances & fixtures. Each unit is individually metered for gas and electricity. There are a total of 6 parking spaces: (2) 1-car garages, (2) carports, plus 2 onsite parking space. Possible garage conversion to ADU would result in additional income (buyer to verify). The Property is low maintenance, easy to manage, and conveniently located to I-110 & I-405 freeways, transportations, restaurants & shops. Situated in a high demand rental area with strong rental income, this property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Location
State CA
County Los Angeles
Area 118 - Pacific Square
Zoning GAR3
Interior
Heating Wall Furnace
Flooring Laminate, Wood
Fireplaces Type None
Laundry None
Exterior
Garage Assigned, Carport, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Building
Lot Description Lawn, Level, Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Oscar Guzman • REAL BROKERAGE TECHNOLOGIES