90247 Homes with Quadruplex Subtype

90247 Homes with Quadruplex Subtype

Located in the vibrant city of Gardena, California, the zip code 90247 offers an array of attractive real estate options. Situated in Los Angeles County, this area is known for its diverse community, excellent amenities, and convenient access to major highways and transportation hubs.

For those seeking a unique investment opportunity, the Homes with Quadruplex Subtype in zip code 90247 are worth considering. A quadruplex is a type of residential property that consists of four separate units within a single building. This subtype of homes provides a great opportunity for investors looking to maximize their rental income or for those who want to live in one unit and rent out the others.

Quadruplex properties in zip code 90247 offer several advantages. Firstly, they provide multiple income streams, making them a potentially lucrative investment. Additionally, they often have lower maintenance costs compared to larger apartment buildings, as they are smaller in scale. Moreover, living in one unit while renting out the others can help offset mortgage payments and provide a sense of financial security.

The Homes with Quadruplex Subtype in zip code 90247 are located in a desirable area with a variety of amenities nearby. Residents can enjoy easy access to parks, schools, shopping centers, and entertainment options. The city of Gardena is also known for its diverse culinary scene, making it an exciting place to live and explore.

If you're considering investing in real estate or looking for a unique living arrangement, exploring the Homes with Quadruplex Subtype in zip code 90247 could be a wise decision. With its prime location and potential for high rental income, this area offers a fantastic opportunity for both investors and homeowners.

Newest 90247 Homes with Quadruplex Subtype

$1,285,000
DW26063248 MLS Active Status
Exceptional 4-unit investment opportunity located in the heart of Gardena. This well-positioned multifamily property features four vacant spacious 2-bedroom, 1-bathroom units, offering an ideal blend of income and significant upside potential. Situated on a generous lot of approximately 11,000+ sqft, the property provides ample on-site parking and a functional layout attractive to long-term tenants. With a total building size of approximately 3,740 sqft, each unit offers comfortable living spaces, making this a highly desirable asset in a strong rental market. A standout feature of this property is the potential to add up to two (2) Accessory Dwelling Units in RTI (ADUs) (buyer to verify with city), creating the opportunity to expand to a 6-unit income-producing property and significantly increase overall value. This is a true value-add opportunity for investors. Based on current market analysis, the projected after-repair value is estimated around $1,550,000. The property is being offered at $1,375,000.00, presenting approximately $100,000+ upside, with renovation costs estimated at approximately $120,000 for interior upgrades including flooring, kitchen, and bathroom improvements. Property is being sold as-is, providing investors the flexibility to execute their own vision and maximize returns. With strong rental demand in Gardena and proximity to major freeways and employment hubs, as well as neighboring cities such as Torrance and Los Angeles, this asset is well-positioned for long-term appreciation and stable cash flow. Perfect for seasoned investors.

1267 W 166th, Gardena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.