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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
$1,525,000
Est. payment /mo
3,439 SqFt
Pending
1114 W 155th Street Gardena, CA 90247
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Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 3,439 sqft
Price per Sqft $443
MLS Listing ID CRSB25087307
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1987
Lot Size 6,305 Sqft
Property Sub-Type OTHER
Property Description
We are pleased to present 1114 W 155th St, Gardena. Boasting 1987 construction, the 4-unit multifamily property features all spacious 2-bedroom, 2-bathroom units. This well-kept building offers strong current performance with a 5.02% CAP rate and upside potential, reaching a 6.01% CAP rate (Proforma) and GRM of 12.22 (Proforma). The unit mix of 2+2 is very desirable as it appeals to two working professionals and two of the units enjoy private balconies. The property also includes a secure parking garage with 8 spaces, offering excellent ADU potential for added value. Tenants appreciate the on-site laundry facilities and the peace of mind provided by an electronically operated security gate. Located west of Vermont Avenue, this property offers easy access to the 110 Freeway and is just minutes from El Camino College, Alondra Park, and the Alondra Park Golf Course, making it an appealing location for renters. Don’t miss the chance to own a low-maintenance, income-generating asset with no local rent control in one of the South Bay’s most accessible neighborhoods.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other, Landscape Misc
Water Public
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