Description
Incredible investment opportunity: fully occupied, remodeled 3 unit income property with a detached studio and spacious warehouse, located west of avalon blvd and south of redondo beach blvd. this high demand property boasts a 5.4% cap rate and an 18.4 grm, generating $6,300 monthly ($75,600 annually). breakdown: unit 100 2 beds, 1 bath ($1,800); unit 102 studio ($1,200); unit 200 1 bed, 1 bath + office ($1,700); unit 201 1 bed, 1 bath ($1,600). features include quartz countertops, stainless appliances, in-unit washers/dryers, and new hvac. the 1,000 sq. ft. warehouse offers conversion potential (buyer to verify) under flexible lcm1-b1 zoning, supporting future development. ideal for first time and seasoned investors or 1031 exchanges, with stable income, low maintenance, and expansion options. conveniently near freeways, transport, shopping, and diningdon't miss this prime portfolio addition.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47357665
Sell a home like this and save $82,901 Find Out How
Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 3
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Gas Cooktop,Gas Oven,Microwave,Refrigerator,Dryer,Washer
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1942
- Building Area Total: 2,050
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1149
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5004
-
Listing Information
Listing Price Information
- Original List Price: 1,390,000
- Listing Contract Date: 2024-10-17
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6139009007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport,On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RQ - Compton West of Central
- Postal Code Plus 4: 2320
- Directions: West of Avalon Blvd, South of Redondo Beach Blvd
- Zoning: LCM1-B1*
- Source Property Type: Residential Income
- Area: RQ - Compton West of Central
Building and Construction
- Property Age: 83
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 2050
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 01/21/2025 @ 07:20
- MLS: 24454193
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,050 sqft, 5,004 sized lot, and 0 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 90248, this Los Angeles County Home are nearby neighborhoods.