Description
Exceptional 4-unit investment opportunity located in the heart of Gardena. This well-positioned multifamily property features four vacant spacious 2-bedroom, 1-bathroom units, offering an ideal blend of income and significant upside potential. Situated on a generous lot of approximately 11,000+ sqft, the property provides ample on-site parking and a functional layout attractive to long-term tenants. With a total building size of approximately 3,740 sqft, each unit offers comfortable living spaces, making this a highly desirable asset in a strong rental market. A standout feature of this property is the potential to add up to two (2) Accessory Dwelling Units in RTI (ADUs) (buyer to verify with city), creating the opportunity to expand to a 6-unit income-producing property and significantly increase overall value. This is a true value-add opportunity for investors. Based on current market analysis, the projected after-repair value is estimated around $1,550,000. The property is being offered at $1,375,000.00, presenting approximately $100,000+ upside, with renovation costs estimated at approximately $120,000 for interior upgrades including flooring, kitchen, and bathroom improvements. Property is being sold as-is, providing investors the flexibility to execute their own vision and maximize returns. With strong rental demand in Gardena and proximity to major freeways and employment hubs, as well as neighboring cities such as Torrance and Los Angeles, this asset is well-positioned for long-term appreciation and stable cash flow. Perfect for seasoned investors.
Details
| MLS # | DW26063248 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 176 |
| Listing Provided By | Won Suk Kim Real Estate, Inc. | Ixbalanque Garcia |
Features
| SQ Feet | 3,740 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.25 |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90247 |
| Area | 119 Central Gardena |
| Listing VS Median (in 90247) | |
Price: $1,285,000 low | high Med: $769,000 sqft: 3,740 low | high Med: 1,580 $ / sqft: $344 low | high Med: $487 On site: 176 low | high Med: 61 | |
Market Activity 90247
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90247 |
| Area | 119 Central Gardena |
| Listing VS Median (in 90247) | |
Price: $1,285,000 low | high Med: $769,000 sqft: 3,740 low | high Med: 1,580 $ / sqft: $344 low | high Med: $487 On site: 176 low | high Med: 61 | |
