Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

5

Building size

5,723 sqft

Lot size

27,985 sqft

Year built

1953

Stories

1

Garage spaces

4

Pool

None

Status

Active

Days on market

314

MLS #

232732976

About this property

This exceptional investment opportunity features five detached single-family homes situated on an expansive lot in the heart of Gardena, California. Together, the residences offer a combined total of 13 bedrooms and 7 bathrooms, with a gross living area of approximately 5,723 square feet. Each unit is thoughtfully configured to provide a diverse mix of living arrangements. The first unit includes four bedrooms and two bathrooms; the second, third, and fourth units each offer two bedrooms and one bathroom; and the fifth unit features three bedrooms and two bathrooms. All five homes are currently tenant-occupied, generating immediate rental income. Two of the units are secured under one-year lease agreements, while the remaining three operate on month-to-month tenancies, offering flexibility for future rent increases, repositioning, or owner occupancy. Nestled in a well-established residential neighborhood, the property enjoys convenient access to major freeways, schools, shopping centers, and public transportation, making it highly desirable for tenants and investors alike. The lot spans an impressive 27,985 square feet, presenting significant potential for future development, expansion, or value-add improvements—subject to city approval and zoning regulations. This is a rare chance to own multiple detached homes on a single parcel in a prime South Bay location, ideal for investors seeking stable returns or buyers exploring multi-generational living or redevelopment possibilities.

Location

1261 W 139th Street

Gardena, Los Angeles, CA, 90247