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2019 W 157th Street

Gardena, 90249

8 Bd
5 Ba
3,880 Sqft
6,633 Lot
$1,465,000 SOLD Price | Closed 7/10/24
Closed Status
19 Days on Market
May 22 First Day Active
$1,445,000 Start Price

Description

2019 West 157th St. is a compelling 4-plex investment opportunity in Central Gardena, featuring a desirable unit mix of 3bd/2.5ba, 2bd/1ba, 2bd/1ba, and 1bd/1ba units. This property offers numerous location advantages, including its convenient proximity to the I-110 and I-405 freeways, being one block north of a prime stretch of Redondo Beach Blvd, and nearby Target and countless amenities. The property features 4 units with outdoor space, on-site laundry, 5 carport spaces, and 3 attached garage units available. Currently, the building is 100% occupied with rents approximately 20% below market. There is significant investment potential, with opportunities to increase revenue by bringing rents up to market rates and expanding the property by adding Accessory Dwelling Units (ADUs), buyer to verify.

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Property Details for 2019 W 157th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Douglas Fillmore
Listing Brokered By
Found Real Estate, Inc.
Type
Residential Income
Year Built
1971
MLS Area
117 - McCarthy

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
19 DOM
First Date Active
May 22nd, 2024
Closing Date
July 10th, 2024
Sold Price
$1,465,000
Sold PPSF
$378
Orig. List Price
$1,445,000
MLS® #
24387833
APN
4063013032
Special
Standard

Home Interior Information

Levels/Stories
Two
Bedrooms
8
Total Baths
5
Int. Sqft.
3,880
Appliances
Dryer, Gas Cooktop, Microwave, Washer
Int. Features
Ceiling Fan(s)

Exterior Information

Lot Size (sq. ft.)
6,633
Lot Size (acres)
0.15

Additional Information

Zoning
GAC3

* 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
117 - McCarthy
City/State
Gardena
Zip Code
90249
County
Los Angeles
# of Units
4
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Listing/Price History

2019 W 157th Street, Gardena, (MLS® #24387833)

Date Details Price Change
Closed $1,465,000
Pending (from Active)
First Day Active $1,445,000
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Listing Summary

Quick Summary of 2019 W 157th Street: This 8 Bedroom/5 Bathroom home in Gardena is priced at $1,445,000 ($372/PSF) . The 3,880 sqft. residence was originally built in 1971 and was listed on May 22nd, 2024 at $1,445,000, showing 19 Days on Market currently. Contact Dave Fratello today for more information or to go see 2019 W 157th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2024 at 10:18pm 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.