1219 W 144Th Street
Gardena, CA 90247
Active for $1,200,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,877 sqft
MLS | AR24134027 |
Year Built | 1957 |
Property Type | Quadruplex |
County | Los Angeles |
Status | Active |
Active | $1,200,000 |
Structure Size | N/A sqft |
Lot Size | 5,877 sqft |
Beds | N/A |
Baths | N/A |
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!
Listing information courtesy of: Hoeng Yik, Real Estates Unlimited . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.