Listing provided courtesy of Hoeng Yik of Real Estates Unlimited. Last updated 2024-11-19 09:11:30.000000. Listing information © 2024 Sandicor.

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Asking Price: $1,200,000

1219 144th, Gardena CA 90247

Community: 118 - Pacific Square

This Quadruplex property was built in 1957 and is priced at $1,200,000. Please see the additional details below.

0 Sq Ft
0 bathrooms
0 bedrooms
MLS#: AR24134027
Type: Quadruplex
Year Built: 1957

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!

Call or Email Ever Eternity now to inquire about this property

858-688-4113

Information

Address:	1111 Prospect St, Suite 100 La Jolla CA 92037
Phone:	858-688-4113
E-mail:	Send a Message
DRE#:	01794847

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