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.
Ask for setup sheets -There are several options for financing. Built in 2024, Apartments 20 meets the rising demand for affordable, community-focused housing in the urban area of Gardena. As rental costs soar and space becomes scarce, innovative living solutions are crucial. This project caters to residents who seek budget-friendly, well-designed housing that fosters social interaction. The property features units that are all studios and are compact, well designed, 385 rentable square foot modern units with shared amenities, Apartments 20 addresses both the financial and social needs of urban living. This combination makes it a compelling investment opportunity in today's market.These light-filled apartments are designed with modern living in mind. They feature in-unit washers and dryers, full-size stainless steel appliances, Italian-style cabinets, and quartz countertops. Enjoy the comfort of central air conditioning and heating, along with durable vinyl wood flooring. The apartments offer great closet space and are part of a community that provides convenient amenities, including a dog run, barbecue area, controlled access, reserved parking, an elevator, and a rooftop lounge for relaxation and entertainment. Property is currenty vacant and will be ready for occupancy within 45 days.
14900-14902 Chadron Ave. in Gardena offers a prime investment opportunity at $1,875,000. Built in 1946, the property features 8 spacious 2-bedroom units, each about 933 SF, with 12 covered parking spaces. It is separately metered for gas and electric, master metered for water, and has had recent upgrades, including a new roof on the front building and partial copper piping. The property falls under LA County rent control, currently at a 6.7% CAP rate, 15% rent growth potential, and low vacancy rates. Additional value lies in the potential to build 2 ADUs by-right, subject to buyer verification. **Under LA County jurisdiction NOT Gardena.
5 unit apartment building located in desirable Gardena neighborhood! Unit one is a 3 bed, 1.75 bath front unit with small patio and updated forced air heater installed 2010. Unit two is a ground floor unit  featuring 2 beds, 1.5 baths with a patio. Unit three is also a lower level unit  featuring 2 beds, 1.5 baths with a patio. Unit four is an upper unit with 2 beds, 1.5 baths with a balcony, and 2018 new wall heater. Unit 5 is also on the upper level with 2 beds, 1.5 baths and balcony. Other notable features include: New exterior paint (May 2024), Updated Roof (November 2021), Central Water heater, laundry area with washer/dryer (owned- will stay with the property), carport at rear with alley access, 5 parking spaces, located behind the Target. Rents are low with plenty of upside. Conveniently located near popular Gardena dining spots, grocery stores, restaurants, essential stores, and easy access to freeways.
Welcome to a remarkable development opportunity nestled in the thriving city of Gardena. This expansive 14,407 sqft. lot, situated in a GAR3 zone, beckons investors and developers with its vast potential. With approved plans and RTI permits in hand for six stunning 3-story Hacienda-style townhomes, this property stands as a testament to innovation and vision. The canvas is set; a meticulously graded flat lot with all public utilities primed for seamless integration. Each of the future units, spanning a generous 2,400 square feet, promises an exquisite living experience. Boasting 3 bedrooms, 3 bathrooms, balconies, laundry rooms, 2-car garages, and rooftop decks, these residences are thoughtfully designed to elevate modern living standards. Furthermore, the current property features a charming 2-bedroom, 1-bathroom house, previously utilized as an Airbnb destination and currently leased to a reliable tenant for $3,300 per month. This presents a lucrative avenue of income during the construction phase of the project, adding to the allure of this investment opportunity. Notably, being situated outside the City of Los Angeles means the property is not subject to their strict Airbnb guidelines, providing greater flexibility for rental strategies.Conveniently situated within short distance to schools, shops, and entertainment, this location epitomizes the essence of urban convenience while maintaining a serene residential ambiance. Residents will relish in the proximity to esteemed institutions such as Harbor UCLA Medical Center, Westfield Mall, and the renowned SpaceX headquarters, as well as easy access to the freeway and the picturesque beaches. Close proximity to the upcoming venues for the 2026 FIFA World Cup, and LAX Airport. Moreover, construction services can be provided at a highly competitive price, ensuring maximum return on investment. With an estimated 9% cap rate yearly, and projected rents aligning with market demands, this opportunity offers a compelling proposition for astute investors seeking long-term profitability.
NEW INCREASED RENTS ...4 Units (1) Townhouse Style Unit with 2 bedrooms, 1 1/2 Baths and Private Back Yard! Perfect for Owner Occupied. (3) 1 bedroom 1 Bath Units... 4 Enclosed Attached Garages With additional off street parking.
The median home value in Gardena, CA is $730,000. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Gardena, CA is $730,000. Approximately 46% of Gardena homes are owned, compared to 49.32% rented, while 4.68% are vacant. Gardena real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gardena real estate agent to arrange a tour today!
Gardena, California has a population of 60,917. Gardena is less family-centric than the surrounding county with 29.21% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Gardena, California is $68,413. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Gardena is 40 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.