For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ken Ishiki • Lyon Stahl Investment Real Estate
GET MORE INFORMATION
David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130