1254 Magnolia AVE Gardena, CA 90247
Pending
$865,000
3 Units
3 Beds
3 Baths
2,193 Area(sq.ft.)
9,186 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 1 | 1 | No | $ 1,025 | $ 1,025 | $ 1,500 |
Unit 2 | 1 | 1 | 1 | No | $ 1,200 | $ 1,200 | $ 1,500 |
Unit 3 | 1 | 1 | 1 | No | n/a | n/a | $ 2,000 |
3 | 3 | 3 | 3 | $ 2,225 | $ 2,225 | $ 5,000 |
MLS #: | SB24227963MR |
Days On Market: | 6 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 394 |
Price per unit: | $ 288,333 |
Year Built: | 1926 |
Property Details
Discover the potential of this corner-unit triplex, ideally situated on the sought-after Magnolia Ave in Gardena. This property features three units, making it a versatile option for investors seeking steady rental income or future growth. A separate garage building enhances the convenience and value, offering ample storage or potential for additional income. Onsite laundry facilities provide added ease for tenants, a desirable feature for renters in the area. One of the units is currently undergoing renovation and promises to shine with modern finishes and thoughtful updates upon completion. This is an excellent opportunity to elevate the property's appeal and rental value. Whether you're expanding your portfolio or starting your journey as a real estate investor, this triplex offers strong potential in a prime location. Don't miss your chance to own this attractive income-generating property.Interested in this Listing?
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Income Details
Rent Control: | False |
Total Annual Expense: | $ 10,000 |
Net Operating Income: | $ 16,700 |
Actual Gross Rent: | $ 26,700 |
Structure
Community Features: | Sidewalks |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Zoning: | GAR3 |
Land Lease Type: | Fee |
Interior
Laundry: | Community, Room |
Exterior
Pool: | No |
Detailed Map
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