2912 W 141st Pl, Gardena, CA 90249
- $11,200,000
- 80
- BD
- 61
- BA
- 38,590
- SqFt
- List Price
- $11,200,000
- MLS#
- 26873205
- Year Built
- 1959
- Bedrooms
- 80
- Bathrooms
- 61
- Living Sq. Ft
- 38,590
- Lot Size
- 38,990
- Days on Market
- 6
- Property Type
- Multifamily
- Stories
- 2
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
- Other Buildings
- Other
- Heat
- Other
- Cooling
- Other
- Number of Cars in Garage
- Carport, Covered Parking
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Courtesy of Shield CRE, Inc., Jonathan Nikfarjam - CA DRE#01856803
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