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    1029 W 161st St

    Gardena, CA 90247
    • $2,295,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 20-620824
    UPDATED: 34 min ago
    $2,295,000
    • 13
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,086
      SQFT
    • $377
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    5% Cap Rate on Current Income! Significant Capital Improvement Completed by Current Ownership. All unit interiors are renovated with granite countertops, refurbished oak cabinets, stainless steel Samsung appliances, vinyl plank flooring, recessed lighting and bedroom ceiling fans. All units include a full size Whirlpool washer/dryer attracting top of the line tenants. The buildings feature one three-bedroom townhouse unit and five spacious two-bedroom units. 13 Parking Spaces featuring Garage, Covered and Open Spaces. Attractive 1986 construction that includes ABS and copper plumbing throughout and has two separate structures that sit on a massive 10,012 sq ft lot. The property lies south of Redondo Beach Blvd and west of Vermont Ave with primarily single family homes surrounding the asset.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T08:42:16.003. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109156356
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    1029 W 161st St Gardena, CA 90247

    • Price: $2,295,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 20-620824
    13
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    6,086
    SQFT
    $377
    $/SQFT
    1986
    Built
    Neighborhood:
    Central Gardena
    County:
    Los Angeles
    Area:
    Central Gardena
    Property Description
    5% Cap Rate on Current Income! Significant Capital Improvement Completed by Current Ownership. All unit interiors are renovated with granite countertops, refurbished oak cabinets, stainless steel Samsung appliances, vinyl plank flooring, recessed lighting and bedroom ceiling fans. All units include a full size Whirlpool washer/dryer attracting top of the line tenants. The buildings feature one three-bedroom townhouse unit and five spacious two-bedroom units. 13 Parking Spaces featuring Garage, Covered and Open Spaces. Attractive 1986 construction that includes ABS and copper plumbing throughout and has two separate structures that sit on a massive 10,012 sq ft lot. The property lies south of Redondo Beach Blvd and west of Vermont Ave with primarily single family homes surrounding the asset.
    Exterior Features

    Carport Spaces Total 7 Lot Size Area 10013 Other Structures None Parking Garage Covered ParkingGarage - 2 CarUncovered Total Parking 13

    Interior Features

    Baths Total 7.50 Cooling Ceiling Fan Equipment MicrowaveDryerRefrigeratorRange/OvenCeiling Fan Flooring Vinyl Heating Forced Air Laundry In UnitCommunity

    Property Features

    Assessed Total Value 1193400 Gross Income 164124 Gross Operating Income 164124 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 115472.00 Number Of Buildings 2 Number Of Units 6 Owner Pays WaterGardener Property Condition Updated/Remodeled Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Tenant Pays ElectricityGasCable Tv Total Annual Expense 48260 Type Of Units 2+1 & 3+2.5 Year Built Source Assessor Zoning Gar2

    Listing provided courtesy of John Katnik DRE#02002695 of James Capital Advisors, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T08:42:16.003. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
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