1612 W 146th Street

Gardena, CA 90247

About this property

We are pleased to present 1612 W 146th Street, a rare opportunity to acquire six condo-quality townhome units in Gardena, California. Built in 2008, the property offers significantly newer construction than much of the surrounding multifamily inventory and combines strong rental fundamentals with a unique individual unit exit strategy. The property consists of six townhome-style residences, each situated on its own separate APN, providing an investor with the flexibility to operate the property as a rental community or sell the units individually in the future. This structure creates a compelling opportunity to capture potential retail condominium values and provides an alternative exit strategy beyond a traditional multifamily disposition. Each residence is individually metered for water, electricity, and gas, minimizing landlord utility responsibility and creating an efficient operating structure. The condo-quality construction and townhome-style layouts further differentiate the asset from conventional apartment inventory in the Gardena submarket. Located outside the City of Los Angeles, the property is not subject to Los Angeles City Rent Stabilization Ordinance (RSO). With newer 2008 construction, six separate APNs, individually metered utilities, and the ability to sell units individually, 1612 W 146th Street represents a highly differentiated South Bay investment opportunity offering both current income and compelling long-term exit flexibility.

About this property

We are pleased to present 1612 W 146th Street, a rare opportunity to acquire six condo-quality townhome units in Gardena, California. Built in 2008, the property offers significantly newer construction than much of the surrounding multifamily inventory and combines strong rental fundamentals with a unique individual unit exit strategy. The property consists of six townhome-style residences, each situated on its own separate APN, providing an investor with the flexibility to operate the property as a rental community or sell the units individually in the future. This structure creates a compelling opportunity to capture potential retail condominium values and provides an alternative exit strategy beyond a traditional multifamily disposition. Each residence is individually metered for water, electricity, and gas, minimizing landlord utility responsibility and creating an efficient operating structure. The condo-quality construction and townhome-style layouts further differentiate the asset from conventional apartment inventory in the Gardena submarket. Located outside the City of Los Angeles, the property is not subject to Los Angeles City Rent Stabilization Ordinance (RSO). With newer 2008 construction, six separate APNs, individually metered utilities, and the ability to sell units individually, 1612 W 146th Street represents a highly differentiated South Bay investment opportunity offering both current income and compelling long-term exit flexibility.

Features and Additional Information

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$3,499,000 Active
11,010 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Marcus & Millichap
1-424-405-3900
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Area Information

118 Pacific Square | Los Angeles County |

$ 3,499,000
This listing is play_arrow 366.8% higher than the average in the area
$ 749,500 in the area
11,010 SqFt
This listing is play_arrow 747.6% larger than the average in the area
1,299 SqFt in the area
$ 318 $/SqFt
This listing is play_arrow 52.7% less than the average in the area
$ 672 $/SqFt in the area
19 days on site
This listing is play_arrow 5.0% below the average in the area
20 days on site in the area

Schools in the Area

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Listed By Jonathan Weir
Brokerage: Marcus & Millichap

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