1219 W 144th ST Active

Gardena,CA 90247

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR24134027

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

Area 118 - Pacific Square

Rooms

Kitchen Hood Over Range,Oven Range - Gas

Interior

Heating Wall Furnace

Flooring Laminate

Laundry None

Exterior

Garage Garage,Common Parking Area

Garage Spaces 4.0

Pool None

Building

Lot Description Grade - Level,Paved

Water District - Public

Others

Special Listing Condition Not Applicable

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