Triplex Investment Opportunity in LA's South Bay

$999,000
  • 1,143 m² Plot surface

Description

Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units were built in the 1950's and are 2 bed +1 bath each. 3 Separate power and gas meters. Each Unit has a nice fenced in yard. Lots of potential to add Sqft to existing units or build to 2 new ADUs for additional market rate income. Or for the long term investor with a vision, this could be a land play for a multi unit build out. Street has a range of duplexes to multi-unit apartment buildings to 4-6 unit townhouse style condominiums. All 3 units are currently tenant occupied. Please do not disturb the occupants, Call for more information. A Walk Through date will be scheduled, subject to written offers.

engel & völkers shop image

Engel & Völkers

Your advisor: Varouge Mesrobian

Property ID: AM-5058498

Property details

Property type

Apartment

Plot surface

1,143 m²

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Engel & Völkers Pasadena. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data Engel & Völkers Pasadena stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

  • Gardena, California, United States

    $999,000

    • 7 Bedrooms4 Bathrooms1,143 m² Plot surface
  • South Redondo, Redondo Beach, California, United States

    South Redondo Condo with Large Balcony and Ocean Views

    $899,000

    • 3 Bedrooms1 Bathroom15,024 m² Plot surface

Your shop

Engel & Völkers

engel & völkers shop image

Provider:

Engel & Völkers Pasadena

wavy pattern