Charming 4 units on quiet street in Gardena. The building consists of (3) 1 bed+1 bath; and (1) 2 bed + 1 bath. Property is well maintained with upgraded roof, windows, and plumbing. Two of the bathrooms were remodeled. There are garages for 4 cars off the alley. All units are occupied. Building is approximately 2956 sq. ft. and the lot is approximately 6,760 square feet.
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.
Courtesy: Lyon Stahl Investment Real Estate, Inc.
Courtesy: West Shores Realty, Inc.
Courtesy: SFRE LA Ventura Inc.
Courtesy: Berkshire Hathaway HomeServices California Properties
Courtesy: Sperry Van Ness
Courtesy: Alta Properties
Welcome to a remarkable development opportunity nestled in the thriving city of Gardena. This expansive 14,407 sqft. lot, situated in a GAR3 zone, beckons investors and developers with its vast potential. With approved plans and RTI permits in hand for six stunning 3-story Hacienda-style townhomes, this property stands as a testament to innovation and vision. The canvas is set; a meticulously graded flat lot with all public utilities primed for seamless integration. Each of the future units, spanning a generous 2,400 square feet, promises an exquisite living experience. Boasting 3 bedrooms, 3 bathrooms, balconies, laundry rooms, 2-car garages, and rooftop decks, these residences are thoughtfully designed to elevate modern living standards. Furthermore, the current property features a charming 2-bedroom, 1-bathroom house, previously utilized as an Airbnb destination and currently leased to a reliable tenant for $3,300 per month. This presents a lucrative avenue of income during the construction phase of the project, adding to the allure of this investment opportunity. Notably, being situated outside the City of Los Angeles means the property is not subject to their strict Airbnb guidelines, providing greater flexibility for rental strategies.Conveniently situated within short distance to schools, shops, and entertainment, this location epitomizes the essence of urban convenience while maintaining a serene residential ambiance. Residents will relish in the proximity to esteemed institutions such as Harbor UCLA Medical Center, Westfield Mall, and the renowned SpaceX headquarters, as well as easy access to the freeway and the picturesque beaches. Close proximity to the upcoming venues for the 2026 FIFA World Cup, and LAX Airport. Moreover, construction services can be provided at a highly competitive price, ensuring maximum return on investment. With an estimated 9% cap rate yearly, and projected rents aligning with market demands, this opportunity offers a compelling proposition for astute investors seeking long-term profitability.
NEW INCREASED RENTS ...4 Units (1) Townhouse Style Unit with 2 bedrooms, 1 1/2 Baths and Private Back Yard! Perfect for Owner Occupied. (3) 1 bedroom 1 Bath Units... 4 Enclosed Attached Garages With additional off street parking.
Gardena is located in California. Gardena, California has a population of 60,917. Gardena is less family-centric than the surrounding county with 29.21% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Gardena, California is $68,413. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Gardena is 40 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
