2912 W 141st PL, Gardena, CA 90249
2912 W 141st PL, Gardena, CA 90249
2912 W 141st PL, Gardena, CA 90249
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$11,200,000
Est. payment /mo
80 Beds
61 Baths
38,590 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 38,590 sqft

Price per Sqft $290

MLS Listing ID 26873205

Bedrooms 80

HOA Y/N No

Year Built 1959

Lot Size 0.895 Acres

Property Description

Desirable Gardena Location: Approximately 1 mile from SpaceX and 3 miles from SoFi Stadium and Intuit Dome. 32 Units Across 5 Separate Parcels: Each parcel has its own APN, providing a unique multifamily investment opportunity. Strong In-Place Financials & Rental Upside: 6.44% current cap rate and 10.09 current GRM, with upside to a 7.32% pro-forma cap rate and 9.19 pro-forma GRM. Outstanding Unit Mix: Comprised of (22) 3-bedroom/2-bathroom units, (7) 2-bedroom/2-bathroom units, and (3) studio/1-bathroom units. Over $1.5 Million in Recent Capital Expenditures: More than $1,500,000 invested over the past 5 years, including approximately $774,000 in interior and in-unit renovations. Extensively Renovated Asset: Majority of units feature renovated kitchens, bathrooms, and flooring, along with extensive electrical upgrades and updated interior subpanels. Major System Upgrades: Five of six roofs are new, along with new main sewer lines, new hot water heaters, and upgraded plumbing. Large Multifamily Asset & Property Amenities: 38,590 SF of rentable building area on a combined 38,990-SF lot, featuring on-site laundry facilities, 32 parking spaces, and no local rent control (AB 1482 only).

Location

State CA

County Los Angeles

Area 114 - Hollypark

Zoning GAR4

Interior

Fireplace No

Appliance Washer

Laundry Laundry Room

Exterior

Parking Features Covered, Carport

Total Parking Spaces 32

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4059019005

Special Listing Condition Standard

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Listed by Jonathan Nikfarjam Shield CRE, Inc. #01856803

NEARBY SCHOOL & BUSINESS

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