16200 S Ainsworth Street, Gardena, CA 90247

About this property

Excellent Value Add Investment opportunity with over 70% upside in rental income located in a high demand rental pocket of Gardena. Low maintenance and easy to manage property with excellent unit mix of two 3 Bed/1 Bath and four 1 Bed/1 Bath units bringing in $7,286 per month in rental income. It has a potential to convert on-site detached six parking spaces into ADUs for additional income. All tenants are up to date on rent; Three Section 8 Tenants.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$1,170,000

Sold May 2023 · listed $1,200,000, on market April 2023 · MLS #SB23070133 · Source: CRMLS

Listing Agent: Olga Wright · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Olga Wright · Lyon Stahl Investment Real Estate, Inc.

$995,000

Sold May 2019 · listed $989,000, on market January 2019 · MLS #CV19003599 · Source: CRMLS

Listing Agent: MICHELLE LOWE · Listing Office: MICHELLE LOWE REAL ESTATE · Contact: 888-594-6873 · Bought with: Olga Wright · Re/Max Commercial & Investment

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