1481 W 179th Street

Gardena, CA 90248 View Map $1,725,000 Ask a Question
1481 W 179th Street Gardena, CA 90248 | MLS SB19260883 Photo 1
1481 W 179th Street Gardena, CA 90248 | MLS SB19260883 Map
Greg Geilman

Greg Geilman

(310) 853-3073
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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:SB19260883
Date Sold:2/3/2020
Lot Size:0.23 Acres
County:Los Angeles
Great investment opportunity located in the heart of South Gardena! This rare 8 unit mixed-use units are situated on a 10,070 sqft lot and the incredible unit-mix is divided as follows: (1) Single Family Residence 2-bed+den/1-bath, (2) 2-bed/1-bath units, and (5) 1-bed/1-bath units all separately metered for gas and electricity. There are (7) carport spaces and 1 parking pad, for a total of 8! The SFR is located in the front and the 7 unit is located in the rear. The SFR has a private service patio with washer and dryer hook ups and there is an additional shared coin operated laundry for the other units; perfect for extra income. All units are well-maintained and are fully occupied. These high demand rental units are located in close proximity to shopping, dining, transportation, and schools. Don't miss this opportunity to own in this excellent rental area.

Detailed Maps

Community Information

Address:1481 W 179th Street Gardena, CA 90248
Area:(120) South Gardena
County:Los Angeles
Zip Code:90248


Year Built:1952
Total Units: 8
Unit 1: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$910 actual rent•$910 total rent•$1,250 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$1,100 actual rent•$1,100 total rent•$1,250 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$1,250 actual rent•$1,250 total rent•$1,250 pro forma
Unit 4: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$1,075 actual rent•$1,075 total rent•$1,250 pro forma
Unit 5: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$990 actual rent•$990 total rent•$1,250 pro forma
Unit 6: 1 Unit•2 Beds•1 Bath•1 Garage•Unfurnished•$1,000 actual rent•$1,000 total rent•$1,600 pro forma
Unit 7: 1 Unit•2 Beds•1 Bath•1 Garage•Unfurnished•$1,315 actual rent•$1,315 total rent•$1,600 pro forma
Unit 8: 1 Unit•2 Beds•1 Bath•1 Garage•Unfurnished•$1,210 actual rent•$1,210 total rent•$2,000 pro forma
Parking: Assigned, Carport

Features / Amenities

Common Walls: 2+ Common Walls
Parking Total: 8

Property Features

Lot Size: 0.23 Acres / 10070 Sq. Ft.
Lot Features: Lot 10000-19999 Sqft
Lot Number: 29
Sewer: Public Sewer
Water: Public
Directions:W 179th St between Normandie and Evelyn

Tax and Financial Info

Land Lease: No
Electric Expense: 1200.00
Insurance Expense: 2000.00
Trash Expense: 800.00
Total Expenses: 34400.00
Gross Annual Income: 106200.00
Gross Operating Income: 103014.00



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Listing Information Last Updated 2/21/2020
Listing provided courtesy of Tiffany Mcguinness, RE/MAX Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2020. 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.