2912 W 141st Place, Gardena, CA 90249
- $11,200,000
- 80
- BD
- 61
- BA
- 38,590
- SqFt
- List Price
- $11,200,000
- Status
- ACTIVE
- MLS#
- 26873205
- Year Built
- 1959
- Bedrooms
- 80
- Bathrooms
- 61
- Living Sq. Ft
- 38,590
- Lot Size
- 38,990
- Acres
- 0.90
- Days on Market
- 1
- Property Type
- Multifamily
- Stories
- Two Levels
Property 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: 6.44% current cap rate and 10.09 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).
Additional Information
- Appliances
- Washer
- Attached Structure
- Detached
- Number Of Units Total
- 32
Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.