Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
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listing
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Residential IncomeFor Sale
$1,200,000
1219 W 144th Street
Gardena, CA 90247
Listed by Hoeng Yik DRE#01341144 [email protected] Real Estates Unlimited
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$6,294/mo

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!

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Information courtesy of Real Estates Unlimited is subject to verification and is not guaranteed.
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