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Property Type:Residential Income (Multi-Family)
On Site:155 Days
Lot Size:11,326 Sq. Ft.
Property is a tri-plex with one unit being owner-occupied which shall be delivered vacant within 60 days of close of escrow. Total gross income from current tenants (not including owners unit) is $3,550. Owner's until yields an additional $1,500 per month. Current CAP rate is approximately 5% with a potential to increase tenants rent. Each unit is separately metered for gas and electric. All units have washer/dryer hookups. Great for owner-occupied and excellent investment with opportunity for immediate cash flow.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:1139 W 166th St Gardena, CA 90247
Number of Buildings: 4
Total Units: 4
Unit 6: 1 Unit•1 Bath•Unfurnished•$300 actual rent•$300 total rent•$360 pro forma
Unit 7: 1 Unit•5 Beds•2 Baths•Unfurnished•$1,875 actual rent•$1,875 total rent•$2,250 pro forma
Unit 8: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,500 pro forma
Unit 13: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,450 actual rent•$1,450 total rent•$1,740 pro forma
Roof: Composition, Shingle
Parking Features: Converted Garage
Features / Amenities
Flooring: Carpet, Wood
Cooling: Central Air
Heating: Central, Wall Furnace
Lot Size: 0.26 Acres / 11,326 Sq. Ft.
Directions:See Google Maps.
Tax and Financial Info
Buyer Financing: Cash, Conventional
Gross Income: $63,600
Net Operating Income: $49,950
Insurance Expense: $1,200
New Taxes Expense: $12,000
Water/Sewer Expense: $450
Tenant Pays: Electricity, Gas
Land Lease: No
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Listing provided courtesy of Alon Darvish, Rexford Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of May 15, 2021. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.