2912 W 141st Place,Gardena, CA 90249
Gardena, CA 90249
Description
Desirable Gardena Location: Approximately 1 mile from SpaceX and 3 miles from SoFi Stadium and Intuit Dome. 32 Units Across 5 Separate Parcels: Each parcel has its own APN, providing a unique multifamily investment opportunity. Strong In-Place Financials & Rental Upside: 6.61% current cap rate and 9.90 current GRM, with upside to a 7.32% pro-forma cap rate and 9.19 pro-forma GRM. Outstanding Unit Mix: Comprised of (22) 3-bedroom/2-bathroom units, (7) 2-bedroom/2-bathroom units, and (3) studio/1-bathroom units. Over $1.5 Million in Recent Capital Expenditures: More than $1,500,000 invested over the past 5 years, including approximately $774,000 in interior and in-unit renovations. Extensively Renovated Asset: Majority of units feature renovated kitchens, bathrooms, and flooring, along with extensive electrical upgrades and updated interior subpanels. Major System Upgrades: Five of six roofs are new, along with new main sewer lines, new hot water heaters, and upgraded plumbing. Large Multifamily Asset & Property Amenities: 38,590 SF of rentable building area on a combined 38,990-SF lot, featuring on-site laundry facilities, 32 parking spaces, and no local rent control (AB 1482 only).
Details
| MLS # | 26873205 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 61 |
| Listing Provided By | Shield CRE, Inc. | Jonathan Nikfarjam |
Features
| Bed(s) | 80 |
|---|---|
| Bath(s) | 61 |
| SQ Feet | 38,590 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 32 |
| Building(s) | 6 |
| Zoning | GAR4 |
| Acreage | 0.90 |
Interior
| Appliances | Washer |
|---|
Parking
| Parking Features | Covered, Carport |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90249 |
| Area | 114 Hollypark |
| Listing VS Median (in 90249) | |
Price: $11,200,000 low | high Med: $1,194,000 sqft: 38,590 low | high Med: 3,610 $ / sqft: $290 low | high Med: $333 On site: 61 low | high Med: 114 | |
Market Activity 90249
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Gardena |
| Zip Code | 90249 |
| Area | 114 Hollypark |
| Listing VS Median (in 90249) | |
Price: $11,200,000 low | high Med: $1,194,000 sqft: 38,590 low | high Med: 3,610 $ / sqft: $290 low | high Med: $333 On site: 61 low | high Med: 114 | |