1254 Magnolia Avenue, Gardena, CA 90247
- $805,000
- Sold Price
- $805,000
- List Price
- $865,000
- Closing Date
- Mar 12, 2025
- Status
- CLOSED
- MLS#
- SB24227963
- Year Built
- 1926
- Lot Size
- 9,186
- Acres
- 0.21
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 6
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
Discover the potential of this corner-unit triplex, ideally situated on the sought-after Magnolia Ave in Gardena. This property features three units, making it a versatile option for investors seeking steady rental income or future growth. A separate garage building enhances the convenience and value, offering ample storage or potential for additional income. Onsite laundry facilities provide added ease for tenants, a desirable feature for renters in the area. One of the units is currently undergoing renovation and promises to shine with modern finishes and thoughtful updates upon completion. This is an excellent opportunity to elevate the property's appeal and rental value. Whether you're expanding your portfolio or starting your journey as a real estate investor, this triplex offers strong potential in a prime location. Don't miss your chance to own this attractive income-generating property.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $26,700
- Operating Expense
- 10000
Listing courtesy of Listing Agent: Daniel Assayag (daniel@liveinla.net) from Listing Office: Vista Sotheby’s International Realty.
Listing sold by Lillian Wee - Barbatto from West Shores Realty, Inc.
Mortgage Calculator
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.