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Key Details
Sold Price $1,170,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23070133
Sold Date 05/16/23
Bedrooms 6
HOA Y/N No
Lot Size 6,752 Sqft
Property Description
Excellent Value Add Investment opportunity with over 70% upside in rental income located in a high demand rental pocket of Gardena. Low maintenance and easy to manage property with excellent unit mix of two 3 Bed/1 Bath and four 1 Bed/1 Bath units bringing in $7,286 per month in rental income. It has a potential to convert on-site detached six parking spaces into ADUs for additional income. All tenants are up to date on rent; Three Section 8 Tenants.
Excellent Value Add Investment opportunity with over 70% upside in rental income located in a high demand rental pocket of Gardena. Low maintenance and easy to manage property with excellent unit mix of two 3 Bed/1 Bath and four 1 Bed/1 Bath units bringing in $7,286 per month in rental income. It has a potential to convert on-site detached six parking spaces into ADUs for additional income. All tenants are up to date on rent; Three Section 8 Tenants.
Location
State CA
County Los Angeles
Area Gardena (90247)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $139
Space Rent $1,416
Financing Cash
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Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "