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1914 W El Segundo Boulevard, Gardena
$4,100,000
18 Beds ⋅ 20 Baths ⋅ 26105119 MLS ⋅ Active Status
We are pleased to present 1914-1918 W. El Segundo Boulevard, an attractive 18-unit multifamily investment opportunity located directly across from Chester Washington Golf Course in Gardena, California. Offered at $4,100,000, the property features a strong 6.20% current cap rate and 10.37 GRM, providing investors with immediate cash flow and additional rental upside. Built in 1958, the property consists of two 9-unit buildings situated on separate APNs, totaling approximately 16,511 square feet of improvements on a combined 12,012-square-foot lot. The desirable unit mix consists of (2) spacious three-bedroom/two-bathroom units, (14) one-bedroom/one-bathroom units, and (2) studios. Each building features a three-bedroom owner's unit with a fireplace. The property has benefited from several significant capital improvements, including a newer roof (2024), copper repiping and drain line improvements (2019), and the relining of both main sewer lines (2025). Select units have been tastefully renovated with updated kitchens featuring quartz-style countertops, subway tile backsplashes, modern fixtures, new flooring, and remodeled bathrooms. Additional property amenities include 18 parking spaces, a dedicated on-site laundry room, separately metered gas and electricity, and individual water heaters for all units except the two studios. At the asking price, the property offers an attractive cost basis of approximately $227,778 per unit and $248 per square foot. Current operations generate approximately $395,548 in annual gross income, with projected income of $425,800 at market rents, resulting in a 6.92% pro forma cap rate. With its significant recent infrastructure upgrades, selectively renovated interiors, strong existing cash flow, two separate parcels, and convenient South Bay location, 1914-1918 W. El Segundo Boulevard represents an excellent opportunity to acquire a well-maintained multifamily asset with immediate income and long-term appreciation potential.

1914 W El Segundo Boulevard, Gardena

1149 Magnolia Unit 16, Gardena
$550,000
2 Beds ⋅ 3 Baths ⋅ SB26157011 MLS ⋅ Active Status
Stunning Turnkey Modernization in Gated Gardena Community! Prepare to be impressed by this beautifully reimagined, multi-level back-unit condo. Perfectly situated in a peaceful, secure gated community, this spacious townhouse has undergone a contemporary transformation and is truly move-in ready. This is the sophisticated, worry-free home you’ve been waiting for. The open-concept main level welcomes you with beautiful, newly installed high-durability luxury vinyl plank flooring that flows seamlessly throughout. The grand living room, anchored by a classic brick fireplace, is bathed in natural light and opens directly to a private balcony, freshly refinished with durable paint—ideal for relaxing. The chef’s kitchen is a masterpiece of style and function, blending charming classic wood cabinetry with sleek modern upgrades. It features gleaming new quartz countertops, sophisticated full-height grey marble-patterned backsplash, a professional-grade stainless steel gas range, a powerful new chimney-style range hood, a brand-new refrigerator, dishwasher, and a deep under-mount sink. New recessed lighting illuminates the space perfectly. All bedrooms are conveniently located on the upper level for maximum privacy, including a serene primary suite with dramatic vaulted ceilings, a chic new ceiling fan, and its own private, refinished balcony with tree-top views. The bathrooms have been tastefully updated with new fixtures and clean finishes. This unit offers rare direct access to a private, pristine, and oversized two-car garage. The immaculate garage space includes laundry hookups, abundant overhead storage, and newly painted surfaces. Ideally situated near the I-110 freeway, local shopping, and dining, this home offers the ultimate in convenience and style. Bring your most discerning buyers to experience this meticulous blend of classic charm and modern luxury. This gem will not last!

1149 Magnolia Unit 16, Gardena

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.

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