1219 W 144th Street
Gardena, CA, 90247
$1,200,000
Beds
0 Baths
SqFt
0.13 Acres
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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!

Property Details

Price:
$1,200,000
MLS #:
AR24134027
Status:
Active
Baths:
0
Address:
1219 W 144th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
118pacificsquare
City:
Gardena
Listed Date:
Jun 30, 2024
State:
CA
ZIP:
90247
Lot Size:
5,877 sqft / 0.13 acres (approx)
Year Built:
1957
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Schools

Interior

Appliances
Gas Range, Range Hood
Fireplace Features
None
Flooring
Carpet, Laminate, Wood
Heating
Wall Furnace
Interior Features
Balcony

Exterior

Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
Back Yard, Garden, Level, Paved, Yard
Parking Features
Garage, On Site
Parking Spots
4.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Utilities
Electricity Available, Sewer Connected, Water Connected

Map

Community

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1219 W 144th Street
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