$1,325,000
$1,325,000
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6,534 Sqft Lot
SOLD DATE : 02/11/2020
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB19274982
Sold Date 02/11/20
HOA Y/N No
Year Built 1958
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Rare 5-unit building in great rental area of Gardena. Significant recent upgrades including roof, exterior refresh, landscaping, water heater, and enclosed garages. 3 out of 5 units recently updated. Strong actual income at 14.43 GRM with a 18.6% upside to a 12.17 GRM on market rents. Excellent unit mix with one 2 bed/2 bath, one 2 bed/1 bath, and three 1 bed/1 bath units. Laundry room available for extra income (not yet in use). Well located property close to El Camino College, SpaceX, and beach communities. Well-maintained, professionally managed property.
Location
State CA
County Los Angeles
Area 114 - Hollypark
Zoning GAR4
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Biking, Hiking
Total Parking Spaces 5
Private Pool No
Building
Lot Description Cul-De-Sac, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4059020015
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Vincent Cook • Buckingham Investments, Inc
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "