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Listed by Michael Padilla, DRE #01993341 • Lyon Stahl Investment Real Estate, Inc.
$ 1,975,000
Est. payment /mo
Price Dropped by $15K
16720 S Dalton Ave Gardena, CA 90247
7,502 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26058892
Year Built 1988
Lot Size 7,502 Sqft
Source California Regional MLS
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
Interior
Heating Forced Air
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Parking Features Carport , Covered Parking, Garage, Gate / Door Opener, Other
Garage Spaces 10.0
Pool None
Building
Water District - Public
Others
Tax ID 6106024017
Special Listing Condition Not Applicable
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