Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
$1,170,000
$1,200,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
5,030 SqFt
SOLD DATE : 05/16/2023
Key Details
Sold Price $1,170,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,030 sqft
Price per Sqft $232
MLS Listing ID CRSB23070133
Sold Date 05/16/23
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 6,752 Sqft
Property Description
Excellent Value Add Investment opportunity with over 70% upside in rental income located in a high demand rental pocket of Gardena. Low maintenance and easy to manage property with excellent unit mix of two 3 Bed/1 Bath and four 1 Bed/1 Bath units bringing in $7,286 per month in rental income. It has a potential to convert on-site detached six parking spaces into ADUs for additional income. All tenants are up to date on rent; Three Section 8 Tenants.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry No Hookups
Exterior
View None
Building
Lot Description Other
Water Public
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