Description

Price Reduced! Built in 1988, this well maintained 5-unit multifamily investment offers immediate income with built-in upside. The property features an excellent unit mix consisting of (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit, catering to the strong tenant demand in the area. Most rents are near market, with an estimated 14% rental upside after lease of vacancy. An attractive opportunity for investors seeking both stability and growth. Efficiently operated with very low expenses, making it an ideal passive investment that does not require professional management. Parking is a major advantage, offering 10 total spaces: one 2-car garage and 8 tuck-under spaces. Storage units are big enough to offer ADU potential without losing any parking. Buyer to verify. This asset is a compelling opportunity to acquire a newer-built, low maintenance multifamily property with immediate cash-flow! Do not Walk Property or Disturb Tenants!

Property details

Year built

1988

Property type

Residential Income

Lot size

7,502 sqft

Location

16720 S Dalton Ave • Gardena, CA 90247

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Listed by

Michael Padilla · Lyon Stahl Investment Real Estate, Inc.

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