$1,650,000
$1,595,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
6,660 Sqft Lot
SOLD DATE : 11/18/2024
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24188744
Sold Date 11/18/24
HOA Y/N No
Year Built 1989
Lot Size 6,660 Sqft
Property Description
Discover this well-maintained 4-unit property located in the desirable area of Gardena. These spacious, townhouse-style units include (1) 3-bed/2.5-bath w/ 3 fireplaces and (3) 2-bed/2.5-bath units w/ a fireplace in each. The property features underground parking with gated, remote entry for added security and convenience, and the roof was replaced in 2006. With a 53% rental upside, a 6.59% market CAP, and an 11.22 market GRM, this property offers substantial investment potential. Ideally situated just a short drive from Alondra Park Golf Course and El Camino College, this is an excellent opportunity to capitalize on a growing rental market in a prime location.
Location
State CA
County Los Angeles
Area 118 - Pacific Square
Zoning GAR3
Interior
Fireplaces Type Family Room
Fireplace Yes
Laundry None
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6103021077
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Ken Ishiki • Lyon Stahl Investment Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States