7 bedroom house for sale
Gardena CA 90247
- Property Type
- House
- Price
- $1,240,000
- Beds
- 7
- Baths
- 7
Overview
Excellent opportunity to own a strong cash flowing 4-unit income property in the city of Gardena. Total rents are $7, 611/mo or $91, 332/yr (approx. 5.39% cap rate and 13.57 GRM). The rents have significant upside and has a potential to be 7.21% cap rate with market rents. The 2-story building totals 3, 410 sq ft and consist of three (3) 2 bed/1.5 bath townhouse style units ( two-story with no neighbors above or below) and one (1) spacious 1 bed/1 bath unit. Some units have been updated over the years with newer floors, paint, kitchen countertops, sinks, appliances and fixtures. Each unit is individually metered for gas and electricity. There are a total of 6 parking spaces: (2) 1-car garages, (2) carports, plus 2 onsite parking space. Possible garage conversion to ADU would result in additional income (buyer to verify). The Property is low maintenance, easy to manage, and conveniently located to I-110 and I-405 freeways, transportations, restaurants and shops. Situated in a high demand rental area with strong rental income, this property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Details
- Beds: 7
- Baths: 7
- Price: $1,240,000
- Reference No.: 73697414
- Area: 3,410 sqft
Location
Gardena CA 90247
7 bedroom house for saleRelated Properties
Disclaimer
2024-07-06, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-07-06, Viewed 0 times.
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