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$1,200,000

Est. payment - /mo

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3,290 SqFt

Active

1219 W 144th ST Gardena, CA 90247

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

11/01/2024 12:34 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,290 sqft

Price per Sqft $364

MLS Listing ID AR24134027

HOA Y/N No

Year Built 1957

Lot Size 5,876 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

Zoning GAR3

Rooms

Ensuite Laundry None

Interior

Interior Features Balcony

Laundry Location None

Heating Wall Furnace

Flooring Carpet, Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range, Range Hood

Laundry None

Exterior

Garage Garage, On Site

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Available, Sewer Connected, Water Connected

Parking Type Garage, On Site

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Garden, Level, Paved, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6114034005

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Hoeng Yik • Real Estates Unlimited • 323-377-4082

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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