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1834 W 146th Street

Gardena, CA 90249
  • $5,750,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: SB22151328
UPDATED: 45 min ago
$5,750,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Josh Cohen of Keller Williams Beach Cities (310-939-9300)


Description

We are pleased to present our latest listing, 1834 West 146th Street. Built in 1957, this large, 23-unit property is located in the City of Gardena, and sits on an 18,500 square foot lot. The investment features about 25% +/- rental upside for the new owner, and there is also the possibility of assumable IO financing at a conservative LTV! The property ha a unit mix of 21 one bed / one bath units and 2 two bed / 1 bath units, with a total of 24 parking spots for tenant convenience. There is also a pool and small courtyard area, as well as available on-site laundry (leased)! Units are individually metered for gas and electricity, and each unit also has an individual water heater. This is the perfect opportunity for an astute investor to acquire an asset in the up and coming Gardena market. 1834 West 146th Street has many features that todays discerning apartment investors look for, and has ample amenities that any prospective tenants will appreciate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T00:27:12.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/130766254
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1834 W 146th Street Gardena, CA 90249

  • Price: $5,750,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 45 min ago
  • ID#: SB22151328
0
Beds
0
Baths
0
½ Baths
0.43
Acres
1957
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
We are pleased to present our latest listing, 1834 West 146th Street. Built in 1957, this large, 23-unit property is located in the City of Gardena, and sits on an 18,500 square foot lot. The investment features about 25% +/- rental upside for the new owner, and there is also the possibility of assumable IO financing at a conservative LTV! The property ha a unit mix of 21 one bed / one bath units and 2 two bed / 1 bath units, with a total of 24 parking spots for tenant convenience. There is also a pool and small courtyard area, as well as available on-site laundry (leased)! Units are individually metered for gas and electricity, and each unit also has an individual water heater. This is the perfect opportunity for an astute investor to acquire an asset in the up and coming Gardena market. 1834 West 146th Street has many features that todays discerning apartment investors look for, and has ample amenities that any prospective tenants will appreciate.
Exterior Features

Lot Features Street Level Number Of Separate Electric Meters 24 Parking Total 24 Pool Features Community Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.28 Common Interest None Community Features Street LightsPool Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 398724 Gross Scheduled Income 398724 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 246051 New Construction YN No Number Of Separate Gas Meters 24 Number Of Separate Water Meters 1 Operating Expense 146050 Other Expense 146050 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 7974 Water Sewer Expense 0 Water Source Public Zoning Gar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T00:27:12.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Josh Cohen of Keller Williams Beach Cities (310-939-9300)