14623 Roxton Ave - 14623 Roxton Ave 3 Unit Apartment Building Offered at $1,000,000 at a 5.02% Cap Rate Gardena, CA 90249

14623 Roxton Ave is a three-unit multifamily investment in Gardena, offering investors immediate income with significant upside through rent growth, ADU potential, and unit repositioning. The property includes a 3-Bed/1-Bath front house, a 2-Bed/2-Bath middle unit, and a 500-square-foot garage studio. At an asking price of $1,000,000 ($333K per unit), this 1952-built asset provides a rare, attainable entry into the South Bay multifamily market. Current rents generate a 5.02% cap rate with pro forma projections at 5.82%, supported by efficient expenses under 30% of EGI. With one unit carrying over 30% rental upside and the garage studio already functioning as an ADU, investors can capture immediate cash flow with a clear path to long-term growth.