Four-Unit Multifamily
1210 W 144th Gardena, CA 90247
For Sale
Contact for pricing
Two-story four-unit property built in 1958 with four individually metered units, each featuring assigned carport parking and outdoor space.
Property Size3,290 SF
Price / SF$451.37
Days on Market94
Property Features for 1210 W 144th
General Information
- Standard status
- Active
- Size
- 3,290 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing Agency:
Marcus & Millichap
Listed By:
David O'Keefe · License #01928739
Source:
Crexi
Added: Apr 22
Changed: Jul 23
Last Checked: Jul 23 at 6:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
This two-story multifamily building, constructed in 1958, includes four residential units: two two-bedroom/one-bath units and two one-bedroom/one-bath units. Each unit has its own individual water heater. Residents also benefit from assigned carport parking with storage, along with balcony or patio space.
The property is separately metered for gas and electricity, which can help streamline utility management for the owner. Current rents are described as seven percent below market, creating an opportunity to improve income through operational strategy and unit turnover.
With a mix of one- and two-bedroom layouts, the building offers a diversified unit mix within a single, straightforward four-unit configuration.
The property is separately metered for gas and electricity, which can help streamline utility management for the owner. Current rents are described as seven percent below market, creating an opportunity to improve income through operational strategy and unit turnover.
With a mix of one- and two-bedroom layouts, the building offers a diversified unit mix within a single, straightforward four-unit configuration.
Key Highlights
- Two‑story 4‑unit multifamily built in 1958 with a 2BR/1BA and 1BR/1BA unit mix (two each).
- Each unit has its own individual water heater and is separately metered for gas and electricity.
- Assigned carport parking plus storage is included for each unit.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.8k | $27.00 |
| − Vacancy | −$6.8k | −$2.05 |
| EGI | $82.1k | $24.95 |
| − OpEx | −$24.6k | −$7.48 |
| NOI | $57.5k | $17.46 |
3,290 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$820.8K
$718.2K – $957.6K
NOI $57,455 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$756.3K
$661.7K – $882.3K
NOI $52,939 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,302 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two-story four-unit property built in 1958 with four individually metered units, each featuring assigned carport parking and outdoor space.
Where is this quadplex located?
The property is located at 1210 W 144th Gardena, CA.
What is the asking price?
The asking price for this property is $1,485,000.
What are key features of this property?
This property features: Two‑story 4‑unit multifamily built in 1958 with a 2BR/1BA and 1BR/1BA unit mix (two each).; Each unit has its own individual water heater and is separately metered for gas and electricity.; Assigned carport parking plus storage is included for each unit.
