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Listed by Josephine Tan • Premier Real Estate & Mortgage Services
$1,900,000
Est. payment /mo
5,723 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,723 sqft
Price per Sqft $331
MLS Listing ID SB-25215710
Year Built 1953
Lot Size 0.642 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
This exceptional investment opportunity features five detached single-family homes situated on an expansive lot in the heart of Gardena, California. Together, the residences offer a combined total of 13 bedrooms and 7 bathrooms, with a gross living area of approximately 5,723 square feet. Each unit is thoughtfully configured to provide a diverse mix of living arrangements. The first unit includes four bedrooms and two bathrooms; the second, third, and fourth units each offer two bedrooms and one bathroom; and the fifth unit features three bedrooms and two bathrooms. All five homes are currently tenant-occupied, generating immediate rental income. Two of the units are secured under one-year lease agreements, while the remaining three operate on month-to-month tenancies, offering flexibility for future rent increases, repositioning, or owner occupancy. Nestled in a well-established residential neighborhood, the property enjoys convenient access to major freeways, schools, shopping centers, and public transportation, making it highly desirable for tenants and investors alike. The lot spans an impressive 27,985 square feet, presenting significant potential for future development, expansion, or value-add improvements—subject to city approval and zoning regulations.
This is a rare chance to own multiple detached homes on a single parcel in a prime South Bay location, ideal for investors seeking stable returns or buyers exploring multi-generational living or redevelopment possibilities.
This is a rare chance to own multiple detached homes on a single parcel in a prime South Bay location, ideal for investors seeking stable returns or buyers exploring multi-generational living or redevelopment possibilities.
Location
State CA
County Los Angeles
Area 115 - North Gardena
Zoning GAR2
Interior
Laundry Washer Hookup
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900