1219 W 144Th Street

Gardena, CA 90247

$1,200,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1957

calendar_month Built

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!

Listing Information

List Price $1,200,000
Status Active
MLS AR24134027
Type Residential Income
Subtype Quadruplex
Year Built 1957
Lot Size 5,877
Structure Size N/A
DOM 118
Courtesy Of Real Estates Unlimited
Listing Agent Hoeng Yik DRE#01341144

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Laminate, Wood
Fireplace Information
Features None
Additional Information
Additional Features Balcony

Exterior Information

Maps

Listing information courtesy of: Hoeng Yik, Real Estates Unlimited . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 1st, 2024 at 12:34 AM 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.