Description

We are pleased to present 1114 W 155th St, Gardena. Boasting 1987 construction, the 4-unit multifamily property features all spacious 2-bedroom, 2-bathroom units. This well-kept building offers strong current performance with a 5.02% CAP rate and upside potential, reaching a 6.01% CAP rate (Proforma) and GRM of 12.22 (Proforma). The unit mix of 2+2 is very desirable as it appeals to two working professionals and two of the units enjoy private balconies. The property also includes a secure parking garage with 8 spaces, offering excellent ADU potential for added value. Tenants appreciate the on-site laundry facilities and the peace of mind provided by an electronically operated security gate. Located west of Vermont Avenue, this property offers easy access to the 110 Freeway and is just minutes from El Camino College, Alondra Park, and the Alondra Park Golf Course, making it an appealing location for renters. Don’t miss the chance to own a low-maintenance, income-generating asset with no local rent control in one of the South Bay’s most accessible neighborhoods.