16720 S Dalton Ave, Gardena, CA 90247
16720 S Dalton Ave, Gardena, CA 90247
16720 S Dalton Ave, Gardena, CA 90247
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Lifetime Realty

Lifetime Realty

+1(714) 728-6564
$1,990,000
Est. payment /mo
7,501 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26058892

HOA Y/N No

Year Built 1988

Lot Size 7,501 Sqft

Property Sub-Type Apartment

Property Description

Price Reduced! Built in 1988, this well maintained 5-unit multifamily investment offers immediate income with built-in upside. The property features an excellent unit mix consisting of (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit, catering to the strong tenant demand in the area. Most rents are near market, with an estimated 14% rental upside after lease of vacancy. An attractive opportunity for investors seeking both stability and growth. Efficiently operated with very low expenses, making it an ideal passive investment that does not require professional management. Parking is a major advantage, offering 10 total spaces: one 2-car garage and 8 tuck-under spaces. Storage units are big enough to offer ADU potential without losing any parking. Buyer to verify. This asset is a compelling opportunity to acquire a newer-built, low maintenance multifamily property with immediate cash-flow! Do not Walk Property or Disturb Tenants!

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Zoning GAR3

Interior

Heating Forced Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Attached Carport, Controlled Entrance, Covered, Driveway, Garage, Garage Faces Side

Garage Spaces 2.0

Carport Spaces 8

Garage Description 2.0

Pool None

Community Features Curbs

Total Parking Spaces 10

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6106024017

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Michael Padilla Lyon Stahl Investment Real Estate, Inc. 310-420-2541, DRE #01993341

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16720 S Dalton Ave

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