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

Bedrooms

6

Building size

11,010 sqft

Lot size

20,066 sqft

Year built

2008

Stories

2

Heating

Wall Furnace

Cooling

None

Status

Active

Days on market

8

MLS #

248179873

About this property

We are pleased to present 1612 W 146th Street, a rare opportunity to acquire six condo-quality townhome units in Gardena, California. Built in 2008, the property offers significantly newer construction than much of the surrounding multifamily inventory and combines strong rental fundamentals with a unique individual unit exit strategy. The property consists of six townhome-style residences, each situated on its own separate APN, providing an investor with the flexibility to operate the property as a rental community or sell the units individually in the future. This structure creates a compelling opportunity to capture potential retail condominium values and provides an alternative exit strategy beyond a traditional multifamily disposition. Each residence is individually metered for water, electricity, and gas, minimizing landlord utility responsibility and creating an efficient operating structure. The condo-quality construction and townhome-style layouts further differentiate the asset from conventional apartment inventory in the Gardena submarket. Located outside the City of Los Angeles, the property is not subject to Los Angeles City Rent Stabilization Ordinance (RSO). With newer 2008 construction, six separate APNs, individually metered utilities, and the ability to sell units individually, 1612 W 146th Street represents a highly differentiated South Bay investment opportunity offering both current income and compelling long-term exit flexibility.

Location

1612 W 146th Street

Gardena, Los Angeles, CA, 90247