1210 W 144th St - Apartments FOR SALE


Gardena, CA 90247
$1,485,000 USD
424-405-3826
1210 W 144th St, Gardena, CA for Sale
$1,485,000 USD
Apartments - FOR SALE
1/5
null | 4.35% Cap Rate

1210 W 144th St
Gardena, CA 90247


HIGHLIGHTS

  • Gardena Fourplex With Desirable Floor Plans: Unit mix of two 2BD/1BA and two 1BD/1BA units
  • Each unit has a private balcony or patio, individual water heater, and carport parking with storage
  • Stable In-Place Cash Flow With Potential Upside: Excellent acquisition opportunity for an investor looking for a stabilized asset with upside
  • Strong Rental Market Fundamentals: Central location proximate to major employment hubs and freeways, relative affordability, constrained supply

OVERVIEW

Marcus & Millichap is pleased to present to market 1210 West 144th Street, a fourplex in Gardena, California. The property is a two-story 1958 construction with two two-bedroom/one-bath and two one-bedroom/one-bath units. Each unit has its own individual water heater, carport parking space with storage, and balcony or patio. The property is separately metered for gas and electricity, helping to minimize owner expenses. This asset presents an attractive opportunity for an investor seeking stable in-place income with potential upside. Current rents are seven percent below market, offering rental upside through strategic management and turnover. Gardena continues to demonstrate strong multifamily demand fundamentals, driven by its central location, proximity to major employment hubs, and access to key transportation corridors including the 110 and 405 freeways. The city benefits from consistent rental demand due to its relative affordability compared to neighboring coastal markets, limited new multifamily supply, and a diverse workforce base. These factors support long-term occupancy stability and rental growth potential for investors.

FOR SALE DETAILS

PRICE

$1,485,000 USD

PRICE/SF

$451 USD /SF

# OF UNITS

4

PRICE/UNIT

$371,250

CAP RATE

4.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

GAR3

APN/PARCEL ID

6114-034-022

ASK ABOUT THIS PROPERTY

Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

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Steve BogoyevacMarcus & MillichapMore Info
424-405-3826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.