2809 W 141st Place

    Gardena, CA 90249
    • $1,450,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: SB18276113
    UPDATED: 39 min ago
    $1,450,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,137
      SQFT
    • $282
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    6-unit apartment complex presents an excellent investment opportunity with tremendous upside potential. The property in NOT subject to rent control and upside can be realized by increasing rents to market levels and installing laundry equipment in currently empty laundry room. Excellent unit mix of one 2 bed 2 baths, four 2 bed 1 bath and one 1 bed 1 bath units. Property is separately metered for utilities. There are 6 carport parking spaces. Located in a highly desirable rental location with easy access to freeways and shopping.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T13:28:26.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/89662230

    2809 W 141st Place Gardena, CA 90249

    • Price: $1,450,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: SB18276113
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,137
    SQFT
    $282
    $/SQFT
    1959
    Built
    Neighborhood:
    114 - Hollypark
    County:
    Los Angeles
    Area:
    114 - Hollypark
    Property Description
    6-unit apartment complex presents an excellent investment opportunity with tremendous upside potential. The property in NOT subject to rent control and upside can be realized by increasing rents to market levels and installing laundry equipment in currently empty laundry room. Excellent unit mix of one 2 bed 2 baths, four 2 bed 1 bath and one 1 bed 1 bath units. Property is separately metered for utilities. There are 6 carport parking spaces. Located in a highly desirable rental location with easy access to freeways and shopping.
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 0.00 Lot Features LawnLot Shape-RectangularLot-Level/FlatWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.87 Community Features CurbsGuttersSidewalksUrban Country Us Electric Expense 720.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 0.00 Gross Income 87600.00 Gross Multiplier 16.55 Gross Operating Income 85848.00 Gross Scheduled Income 87600.00 Insurance Expense 2000.00 Land Lease YN No Laundry Income 0.00 Laundry YN No Maintenance Expense 3900.00 Net Operating Income 56160.00 New Construction YN No New Taxes Expense 17008.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 29688.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 29688.00 Trash Expense 0.00 Vacancy Allowance 1752 Vacancy Allowance Rate 2.00 Water Sewer Expense 3600.00 Water Source Public Year Built Source Assessor Zoning Gar4

    Listing provided courtesy of Olga Wright of Re/Max Commercial & Investment.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T13:28:26.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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