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    14415 S. Western Ave.

    Gardena, CA 90249
    • $999,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: PW21027590
    UPDATED: 26 min ago
    $999,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,863
      SQFT
    • $259
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    3863 sq. ft. of mixed use on 44x140 lot in prime Western Ave location south of Rosecrans. Currently has 4 units: - Unit A: 2bd/1bath (640 sq/ft; renting for $1300) - Unit B: 1bd/1ba - (550 sq/ft; $1080) - Unit C: 2bd/1ba - (800 sq/ft; $1200) - Unit D: Studio/1ba (400 sq/ft; $1000, added without permit)There have been some upgrades to Units A,C, and D. All units are currently occupied by tenants and are paying month-to-month.At the front of the property, there is a commercial unit (approx. 1,300 sqft), which can be rented out ($1700 rent from a Vietnamese restaurant which is no longer in business) and is currently being used as storage by the landlord. If desired, the new buyer can continue to rent out the property as storage to the current landlord or can be used for different purpose and have them relocate. Units rent + front unit rent can total > 75k/yr. This is a prime location for potential businesses/office space with great opportunity for income.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
    www.thealvaradobrothers.com/homes/114304489
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    14415 S. Western Ave. Gardena, CA 90249

    • Price: $999,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: PW21027590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,863
    SQFT
    $259
    $/SQFT
    1924
    Built
    Neighborhood:
    119 - Central Gardena
    County:
    Los Angeles
    Area:
    119 - Central Gardena
    Property Description
    3863 sq. ft. of mixed use on 44x140 lot in prime Western Ave location south of Rosecrans. Currently has 4 units: - Unit A: 2bd/1bath (640 sq/ft; renting for $1300) - Unit B: 1bd/1ba - (550 sq/ft; $1080) - Unit C: 2bd/1ba - (800 sq/ft; $1200) - Unit D: Studio/1ba (400 sq/ft; $1000, added without permit)There have been some upgrades to Units A,C, and D. All units are currently occupied by tenants and are paying month-to-month.At the front of the property, there is a commercial unit (approx. 1,300 sqft), which can be rented out ($1700 rent from a Vietnamese restaurant which is no longer in business) and is currently being used as storage by the landlord. If desired, the new buyer can continue to rent out the property as storage to the current landlord or can be used for different purpose and have them relocate. Units rent + front unit rent can total > 75k/yr. This is a prime location for potential businesses/office space with great opportunity for income.
    Exterior Features

    Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Features On Street Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 5.3 Common Interest None Community Features Suburban Electric Expense 1500 Fuel Expense 1000 Garage YN Yes Gross Income 54960 Gross Scheduled Income 72960 Insurance Expense 2000 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan Net Operating Income 52660 New Construction YN No New Taxes Expense 10500 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 20300 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3500 Water Sewer Expense 1800 Water Source Public

    Listing provided courtesy of John Lee of Uniti Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
     
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