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1219 W 144th Street

Gardena, 90247

0 Bd
0 Ba
5,877 Lot
$1,200,000 Current Price
Active Status
11 Days on Market
Jul 5 First Day Active
$1,200,000 Start Price

Description

Incredible investment opportunity to own a fourplex with significant upside in Gardena! This spacious fourplex boasts a unit mix of two (2) 2 beds/1 bath units and two (2) 1 bed / 1 bath units. All 4 units have the convenience of their own garage parking and outdoor spaces (bottom units with private yards and upstair units with private balconies). Some units have newer flooring & paint and each unit are individually metered for gas and electricity, and also has an individual water heater. Total current rents are approx. 40% below market with potential to increase rents to bring cap rate over 7.3%. There is also the potential to convert the spacious 4 car garage to an ADU (buyer to verify). Located in a great rental location and with strong rental income potential, this property makes an excellent investment to add to your portfolio!

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Property Details for 1219 W 144th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Hoeng Yik
Listing Brokered By
Real Estates Unlimited
Type
Residential Income, Quadruplex
Year Built
1957 (Assessor)
MLS Area
118 - Pacific Square

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
11 DOM
Combined DOM*
11
First Date Active
July 5th, 2024
Current Price
$1,200,000
Orig. List Price
$1,200,000
MLS® #
AR24134027
APN
6114034005
Special
Standard

Home Interior Information

Levels/Stories
Two
Flooring
Carpet, Laminate, Wood
Heating
Wall Furnace
Appliances
Gas Range, Range Hood
Int. Features
Balcony
Fireplaces
None

Room Information

Room Type
Kitchen, Living Room
Laundry
None

Exterior Information

Lot Description
Level, Yard, Back Yard, Garden, Paved
Lot Size (sq. ft.)
5,877
Lot Size (acres)
0.13
Security
CarbonMonoxideDetectors, SmokeDetectors
Pool
None
Parking Spaces
4
Garage Spaces
4

View, Style & Tour Information

Virtual Tour 1
https://youtu.be/uLyfZaVO1Lw

Utilities Information

Utilities
Sewer Connected, Water Connected, Electricity Available
Water Source
Public

Additional Information

Zoning
GAR3

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
118 - Pacific Square
City/State
Gardena
Zip Code
90247
County
Los Angeles
# of Units
4
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Listing/Price History

1219 W 144th Street, Gardena, (MLS® #AR24134027)

Date Details Price Change
First Day Active $1,200,000
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Listing Summary

Quick Summary of 1219 W 144th Street: This home in Gardena is priced at $1,200,000 . The Quadruplex residence was originally built in 1957 and was listed on July 5th, 2024 at $1,200,000, showing 11 Days on Market currently. Contact Dave Fratello today for more information or to go see 1219 W 144th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 16th, 2024 at 3:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.