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1219 W 144th St
For Sale $1,200,000
$1,200,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 5,877 Sq Ft
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,200,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 4 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 6114034005 |
| MLS # | AR24134027 |
| Property ID | 292660783 |
| Lot Sqft | 5,877 |
| Zoning | GAR3 |
| Total Units | 4 |
| Days on Market | 148 |
| Original List Price | $1,200,000 |
| Applicances | Gas Range,Range Hood% |
| Date Updated | November 13, 2024 |
| Date Created | June 30, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $6,224 | $0 |
| Net Income (Yr) | $ 54,583 |
| Cap Rate | 4.55% |
Listing Provided By
Hoeng Yik an agent of . Lic #01341144
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 13, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT