CA > Gardena
Gardena, CA 90247,1256 Gardena BLVD
Gardena, CA 90247,1256 Gardena BLVD
Gardena, CA 90247,1256 Gardena BLVD
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$2,375,000
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9,774 Sqft Lot
New

1256 Gardena BLVD Gardena, CA 90247

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Michael J. Lofton

Michael J. Lofton

+1(619) 983-8805

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25166606

HOA Y/N No

Year Built 1964

Lot Size 9,774 Sqft

Property Sub-Type Apartment

Property Description

We are proud to present a rare investment opportunity in a prime pocket of Gardena. This well-maintained 7-unit property offers an ideal unit mix consisting of six spacious 2-bedroom, 1.5-bath townhouse-style units and one additional 2-bedroom, 1.5-bath unit. With copper plumbing throughout and six of the units already renovated, this asset is in excellent condition and primed for strong rental performance. The property is conveniently located in a highly desirable area and is only subject to AB 1482 rent control, offering more flexibility for investors. With nine on-site parking spots and ample street parking, tenants enjoy ease and convenience. Offering a solid 5.51% CAP rate and an 11.99 GRM, this is a standout investment with both immediate cash flow and long-term upside.

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Carport Spaces 8

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6111006010

Energy Description 1684.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Stephen Takahashi Lyon Stahl Investment Real Estate, Inc. 310-403-9145
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agent

Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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