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Calling All Investors! An Opportunity You Don't Want to Miss! Located West of Avalon Blvd and South of Redondo Beach Blvd, this fully occupied, beautifully remodeled multi-unit property is a prime investment opportunity. The 3-unit building features a detached non-conforming studio and a spacious warehouse, offering multiple income streams and future potential. Property Highlights: Unit 100: 2 bedrooms, 1 bath-rented at $1800. Unit 102: Studio-rented at $1200. Unit 200: 1 bedroom, 1 bath with an office- rented at $1700. Unit 201: 1 bedroom, 1 bath- rented at $1600. Modern Upgrades: New kitchens with quartz countertops and stainless steel appliances. In-unit washers and dryers for tenant convenience. Brand-new HVAC systems for year-round comfort. Additional Income Potential: The detached 1,000 sq. ft. warehouse can easily be converted into extra rental units, maximizing income. The property's flexible LCM1-B1 zoning offers various development possibilities. With stable rental income and room for expansion, this exceptional investment is perfect for those looking to grow their portfolio or capitalize on a prime location.
Last Updated | 10/17/2024 | Year Built | 1942 |
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Community | Central Gardena | County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dryer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer |
AREA | Central Gardena |
GARAGE | Carport, On Street |
HEAT | Central |
LOT | 5004 sq ft |
PARKING | Carport,On Street |
STORIES | 2 |
VIEW | Yes |
VIEW DESCRIPTION | Courtyard |
ZONING | LCM1-B1* |
Location
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