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!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46285547
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Balcony
- Property Appliances: Gas Range,Range Hood
- Fireplace: None
- Flooring: Carpet,Laminate,Wood
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1957
- Building Area Total: 3,290
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1349
- Lot Size Source: Assessor
- Lot Size Square Feet: 5877
-
Listing Information
Listing Price Information
- Original List Price: 1,200,000
- Listing Contract Date: 2024-06-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6114034005
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,On Site
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 118 - Pacific Square
- Postal Code Plus 4: 2543
- Directions: West of Vermont / South of Rosecran
- Zoning: GAR3
- Source Property Type: Residential Income
- Area: 118 - Pacific Square
- Property SubType: Quadruplex
Building and Construction
- Property Age: 67
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: front
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
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BuyOwner last updated this listing 11/24/2024 @ 07:31
- MLS: AR24134027
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 3,290 sqft, 5,877 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Gardena , in zip code 90247, this Los Angeles County Home are nearby neighborhoods.