1114 W 155th Street
Gardena, CA 90247
0.14 acres | #SB25087307
Description
We are pleased to present 1114 W 155th St, Gardena. Boasting 1987 construction, the 4-unit multifamily property features all spacious 2-bedroom, 2-bathroom units. This well-kept building offers strong current performance with a 5.02% CAP rate and upside potential, reaching a 6.01% CAP rate (Proforma) and GRM of 12.22 (Proforma). The unit mix of 2+2 is very desirable as it appeals to two working professionals and two of the units enjoy private balconies. The property also includes a secure parking garage with 8 spaces, offering excellent ADU potential for added value. Tenants appreciate the on-site laundry facilities and the peace of mind provided by an electronically operated security gate. Located west of Vermont Avenue, this property offers easy access to the 110 Freeway and is just minutes from El Camino College, Alondra Park, and the Alondra Park Golf Course, making it an appealing location for renters. Don’t miss the chance to own a low-maintenance, income-generating asset with no local rent control in one of the South Bay’s most accessible neighborhoods.
Property Details
- Lot DescriptionLawn, Landscaped
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,525,000
- MLS #SB25087307
- MLS #SB25087307
- Property SubtypeMixedUse
- Cost1525000
- Acres0.1447
- Utility SourcePublic
- Year Built1987
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Larson Harley (#SBHARLLAR)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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