10
See all 10 photos
$1,525,000
Est. payment /mo
6,303 Sqft Lot
Pending
1114 W 155th ST Gardena, CA 90247
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Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB25087307
HOA Y/N No
Year Built 1987
Lot Size 6,303 Sqft
Property Sub-Type Mixed Use
Property Description
We are pleased to present 1114 W 155th St, Gardena. Boasting 1987 construction, the 4-unit multifamily property features all spacious 2-bedroom, 2-bathroom units. This well-kept building offers strong current performance with a 5.02% CAP rate and upside potential, reaching a 6.01% CAP rate (Proforma) and GRM of 12.22 (Proforma). The unit mix of 2+2 is very desirable as it appeals to two working professionals and two of the units enjoy private balconies. The property also includes a secure parking garage with 8 spaces, offering excellent ADU potential for added value. Tenants appreciate the on-site laundry facilities and the peace of mind provided by an electronically operated security gate. Located west of Vermont Avenue, this property offers easy access to the 110 Freeway and is just minutes from El Camino College, Alondra Park, and the Alondra Park Golf Course, making it an appealing location for renters. Don't miss the chance to own a low-maintenance, income-generating asset with no local rent control in one of the South Bay's most accessible neighborhoods.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR4
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 8
Pool None
Community Features Curbs, Golf, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Lawn, Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6113033016
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112
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