1219 W 144th ST Active Save Request In-Person Tour Request Virtual Tour
Gardena,CA 90247
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24134027
Year Built 1957
Lot Size 5,876 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
Area 118 - Pacific Square
Zoning GAR3
Interior
Heating Wall Furnace
Flooring Carpet,Laminate,Wood
Fireplaces Type None
Laundry None
Exterior
Garage Garage,On Site
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Electricity Available,Sewer Connected,Water Connected
Building
Lot Description Back Yard,Garden,Level,Paved,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