Description
This exceptional single level, 8 unit, contemporary style property in the South Bay located in El Camino Village offers this highly desired real estate investment opportunity. It consists of 5 separate buildings with a 4 car attached garage at the rear of the property. It has 4 Covered parking and 4 uncovered parking spaces. Each unit has its own yard to enjoy and laundry hookups. The property presents stable cash flow potential with additional upside through rental increases, operational improvements, and long- term appreciation. Strategically situated near major transportation corridors, employment centers, shopping, dining and commuter access points, the property benefits from strong tenant demand and favorable market fundamentals. The asset consists of eight rental units with on-site parking and provides investors with the opportunity to capitalize on both current income and future value enhancement. In addition, the property offers solar panels for the master meter which conveniently decreases the electricity bill. The property is ideal for investors seeking a stable multifamily asset in the greater Los Angeles Area with potential for increased returns through unit upgrades and repositioning strategies. South Bay's employment hubs continue to support long term rental demand and occupancy stability. Drive by and make an offer. Seller is motivated.
Details
| MLS # | DW26113682 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 139 |
| Listing Provided By | Hamilton Homes Real Estate | Lourdes Silva |
Features
| SQ Feet | 4,890 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 5 |
| Zoning | LCR3YY |
| Acreage | 0.36 |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Drywall, Concrete, Stucco |
| Lot Features | Zero To One Unit Acre |
Utilities
| Utilities | See Remarks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90249 |
| Area | 699 Not Defined |
| Listing VS Median (in 90249) | |
Price: $2,088,888 low | high Med: $1,194,000 sqft: 4,890 low | high Med: 3,610 $ / sqft: $427 low | high Med: $333 On site: 139 low | high Med: 113 | |
Market Activity 90249
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90249 |
| Area | 699 Not Defined |
| Listing VS Median (in 90249) | |
Price: $2,088,888 low | high Med: $1,194,000 sqft: 4,890 low | high Med: 3,610 $ / sqft: $427 low | high Med: $333 On site: 139 low | high Med: 113 | |