Sold
2919 141st Pl, Gardena
- Rare 5-unit building in great rental area of Gardena
- Significant recent upgrades including roof, exterior refresh, landscaping, water heater, and enclosed garages
- 3 out of 5 units recently updated
- Strong actual income at 14.43 GRM with a 18.6% upside to a 12.17 GRM on market rents
- Excellent unit mix with one 2 bed/2 bath, one 2 bed/1 bath, and three 1 bed/1 bath units
- Laundry room available for extra income (not yet in use)
- Well located property close to El Camino College, SpaceX, and beach communities
- Well-maintained, professionally managed property
Price
$1,325,000
Annual Income
$91,800
Annual NOI
$53,246
Annual Expense
$35,800
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 2 | 2 | $1,925 | $1,925 | $2,150 | $2,150 |
| 1 | 1 | 1 | $1,290 | $1,290 | $1,525 | $1,525 |
| 1 | 1 | 1 | $1,370 | $1,370 | $1,625 | $1,625 |
| 1 | 1 | 1 | $1,275 | $1,275 | $1,625 | $1,625 |
| 1 | 2 | 1 | $1,790 | $1,790 | $2,050 | $2,050 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 5 | 7 | 6 | $7,650 | $8,975 |
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