$1,550,000
$1,599,990
3.1%For more information regarding the value of a property, please contact us for a free consultation.
7,949 Sqft Lot
SOLD DATE : 10/02/2024
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24161552
Sold Date 10/02/24
HOA Y/N No
Year Built 1978
Lot Size 7,949 Sqft
Property Description
This fantastic 4-plex is a unique investment opportunity, perfectly blending potential and profitability. Built in 1978, this property spans approximately 4,304 square feet and offers a mix of spacious living, modern amenities, and incredible income potential. The front unit is currently vacant and ready for your personal touch! This two-story home features three generous bedrooms and two and a half bathrooms. Downstairs, there's a spacious living room with a cozy fireplace, and a formal dining area perfect for meals and entertaining. The remodeled kitchen boasts ample counter space and a smaller dining area for casual meals. Adjacent to the kitchen, the large family room with a wet bar is ideal for gatherings and celebrations, there's also a half bath. Upstairs, you'll find a full bath in the master bedroom and another full bath in the hall, ensuring comfort and convenience for everyone. While the unit needs some cosmetic updates like paint and carpet, the potential here is endless. A step-down enclosure off the family room offers storage space or it can be used for a hobby or utility room or just about anything and there is a washer and dryer hookup with a laundry sink, and access to a spacious two-car garage with dual garage doors and automatic openers. There's even a small enclosed private patio for outdoor relaxation. This property isn't just a great place to live—it's a smart investment, too! The additional three units are currently occupied by long-term tenants, each offering two bedrooms, one bathroom, and a two-car garage. The property has one water meter for all units and separate gas and electric meters for each unit, managing utilities is straightforward. Imagine living in the front unit while receiving steady rental income from the other three units. Alternatively, you could choose to rent all four units and maximize your investment return. Either way, this property offers financial flexibility and significant income potential. Gardena is a desirable location with a wealth of features and amenities. This vibrant city offers easy access to some of Southern California's best attractions. You're just a short drive from the beautiful beaches, bustling downtown Los Angeles, and LAX for all your travel needs. Gardena is also conveniently located near several major freeways, making commuting a breeze. The city boasts a rich cultural scene, diverse dining options, and numerous parks and recreational facilities.
Location
State CA
County Los Angeles
Area 120 - South Gardena
Zoning GAR2
Interior
Interior Features Wet Bar, All Bedrooms Up, Utility Room
Heating Central
Flooring Carpet, Tile, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4066016007
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Steve Hwang • Century 21 Union Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "