$1,465,000
$1,445,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
3,880 SqFt
SOLD DATE : 07/10/2024
Key Details
Sold Price $1,465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,880 sqft
Price per Sqft $377
MLS Listing ID 24387833
Sold Date 07/10/24
Bedrooms 8
HOA Y/N No
Year Built 1971
Lot Size 6,634 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 117 - Mccarthy
Zoning GAC3
Interior
Interior Features Ceiling Fan(s)
Fireplace No
Appliance Gas Cooktop, Microwave, Dryer, Washer
Exterior
Garage Detached Carport, Garage
Parking Type Detached Carport, Garage
Attached Garage No
Building
Faces South
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4063013032
Special Listing Condition Standard
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Bought with Sammie Suda • Keller Williams South Bay
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "