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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-36465
HOA Y/N No
Year Built 1961
Property Sub-Type Multi Family
Property Description
Exceptional Investment Opportunity in Gardena, California!This fully occupied 5-unit residential income property delivers immediate cash flow with a proven track record of consistent occupancy. With rents currently below market, savvy buyers will recognize the significant upside potential to increase revenue simply by bringing units to market rate over time.The property features good on-site parking, adding everyday convenience that keeps tenants happy and retention high. Gardena's central South Bay location provides tenants easy access to major employment corridors, freeways, shopping, and dining -- making this a perennially desirable rental address.Whether you're a seasoned investor looking to expand your portfolio or a 1031 exchange buyer seeking a stabilized asset, this property checks every box -- strong income, below-market rents with room to grow, and a fully occupied unit mix that starts working for you from day one.Don't miss this rare opportunity to own a solid, income-producing asset in one of the South Bay's most sought-after rental markets!
Location
State CA
County Other
Area 120 - South Gardena
Zoning Apartment House 5+ units
Interior
Fireplace No
Appliance Dryer
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Utilities Available Overhead Utilities
Roof Type Composition
Present Use Investment,Multi-Family
Total Parking Spaces 5
Building
Lot Description Garden, Lawn, Near Public Transit
Dwelling Type Multi Family
Story 2
Water Public
Others
Tax ID 6111033002
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Sherry Simpson Truth Realty (661) 588-8828, DRE #00757181
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