This Multifamily Property is no longer advertised on LoopNet.com.

1029 W 161st St
Gardena, CA 90247
5% Cap Rate | Renovated 6 Units in Gardena · Multifamily Property For Sale · 6 Units

Investment Highlights

  • 5% Cap Rate on Current Rents
  • Whirlpool In-Unit Washer/Dryer
  • Attractive 1980’s Construction
  • Significant Capital Improvement Completed by Current Ownership
  • Copper Plumbing and ABS

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 5,472 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1986/2020
Parking Ratio 2.14/1,000 SF
Zoning R2 - Residential

Amenities

Unit Amenities

  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Granite Countertops
  • Refrigerator
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 $2,250 -
3+2 1 $2,800 -

Property Taxes

Property Taxes

Parcel Number
6113-027-019
Land Assessment
$1,455,976
Improvements Assessment
$1,191,736
Total Assessment
$2,647,712
  • Listing ID: 20683739

  • Date on Market: 8/19/2020

  • Last Updated:

  • Address: 1029 W 161st St, Gardena, CA 90247

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