16720 S Dalton Ave, Gardena, CA 90247
- $1,975,000
List Agent Michael Padilla () 310-420-2541 Lyon Stahl Investment Real Estate, Inc.; CoList ()
- List Price
- $1,975,000
- Price Change
- ▼ $15,000 1780352258
- Status
- ACTIVE
- MLS#
- SB26058892
- Year Built
- 1988
- Lot Size
- 7,502
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 134
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property 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!
Additional Information
- Pool Description
- None
- Heat
- Forced Air
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.