Gardena, CA90248
| 2050 sqft | MLS# 24454193
Tract:
For Sale $1,390,000
Description
Incredible Investment Opportunity: Fully occupied, remodeled 3 unit income property with a detached studio and spacious warehouse, located west of Avalon Blvd and south of Redondo Beach Blvd. This high demand property boasts a 5.4% cap rate and an 18.4 GRM, generating $6,300 monthly ($75,600 annually). Breakdown: Unit 100 2 beds, 1 bath ($1,800); Unit 102 Studio ($1,200); Unit 200 1 bed, 1 bath + office ($1,700); Unit 201 1 bed, 1 bath ($1,600). Features include quartz countertops, stainless appliances, in-unit washers/dryers, and new HVAC. The 1,000 sq. ft. warehouse offers conversion potential (buyer to verify) under flexible LCM1-B1 zoning, supporting future development. Ideal for first time and seasoned investors or 1031 exchanges, with stable income, low maintenance, and expansion options. Conveniently near freeways, transport, shopping, and diningdon't miss this prime portfolio addition.
Facts
| Built in 1942 | Lot Size: 5004.00 sqft | HOA Dues: $0/month
Features
Listing provided by Julian Abi-Jaoude, The Agency
Based on information from California Regional Multiple Listing Service, Inc. as of April 17, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
