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Gardena, CA 90247 1615 W 145th Street 1

$3,580,000

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Presented By: Olga Wright with Lyon Stahl Investment Real Estate, Inc.; 3108017373
  • MLS# SB24077076
  • 04/23/2024
  • Request Tour
  • Request Info
  • BedBeds • 19
  • BathFull/Half Baths • 17 / 1
  • FootageSQFT • 10,101

Home Details

Fully renovated, stabilized 10-unit apartment complex in prime Gardena. City of Gardena is NOT subject to LA City rent control and allows for 5%+CPI annual rent increases under AB 1482. Property offers an exception unit mix of (2) 3-bedroom/2 baths, (5) 2-bedroom/2 baths two-level Townhouse style units and (3) 1-bedroom/1bath units.*** Renovations include brand-new electrical wiring, sub panels, copper plumbing, new 400-amp electrical panel, vinyl windows, exterior paint, and landscaped areas. Interior renovations include laminate flooring, recessed lighting, shaker cabinets, quartz counters, in-unit washer/dryer setups, and stainless-steel appliances. The front unit, a spacious 1,800+ sq. ft. 3-bedroom, 2.5-bathroom owner's unit, features a front yard and central HVAC. Roof, approximately 7 years old. ***Property offers 10 covered, assigned parking spaces, with the potential for conversion into two additional dwelling units (ADUs), maximizing rental income. Remote security camera system has been installed; common area laundry room provides additional income.
Presented By: Olga Wright with Lyon Stahl Investment Real Estate, Inc.; 3108017373

Interior Features for 1615 W 145th Street 1

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1615 W 145th Street 1

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.62
Carport Spaces10.0
Carport Y/NYes
CityGardena
Community FeaturesStreetLights, Sidewalks, Urban
CountyLos Angeles
Days on Market
Directionseast of Western Ave, north of Marine Ave
Electric Expense979.0
Entry Location1
Expected Active Date 2024-04-24
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income281861.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense6121.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet12872.0
MLS Area118 - Pacific Square
MaintenanceExpense5000.0
MobileHomeRemainsYNNo
Net Operating Income201039.0
New ConstructionNo
Number of Units Leased9
Operating Expense80822.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name145th
Tax Lot004
Taxes$42,494
Tenant PaysElectricity, Gas
Total Actual Rent20325.0
Total Units10
Trash Expense4597.0
Unit Number1
View Y/NNo
Water Sewer Expense6931.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningGAR3

Exterior for 1615 W 145th Street 1

Building Area Total10101.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWalkstreet
Lot Size Acres0.2955
Lot Size Area12872.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking10.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,580,000
MLS#SB24077076
List Date 04/23/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors