Turnkey Fourplex in
For Sale
$1,430,000
Pending
15701 Brighton Ave, Gardena, CA 90247
Updated fourplex in desirable Gardena location with strong rental appeal.
Property Size2,974 SF
Lot Size0.19 Acres
Days on Market206
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Property Features for 15701 Brighton Ave
General Information
Standard status
Pending
Size
2,974 SF
Lot size
0.19 Acres
Property subtype
Investment
Building Details
Building Size
2,974 SF
Year Built
1943
Units
4
Listed By:
Kevin Yamada
(310) 433-8476
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 8 at 6:16AM
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 Kevin Yamada
Investment Insights
Based on property information with market context.
This turnkey fourplex is located in a desirable area of Gardena. The property has been recently updated and offers strong rental appeal. Situated on a quiet, secluded horseshoe street, the well-maintained property provides stability and tenant comfort. The property features a newly built community coin-operated laundry room, detached garage parking, and a grassy courtyard. It is located near Mas Fukai Park, Pacific Square Shopping Center, Tozai Plaza, and various dining options, providing tenants with convenient access to amenities. All units have new tenants as of 2024, with rents near market levels, presenting an opportunity for investors seeking immediate income and long-term growth.
Key Highlights
- Turnkey fourplex in a highly desirable Gardena location
- All units recently updated, offering strong rental appeal
- New tenants as of 2024 with rents near market levels, providing immediate income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,937
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,740
$1.0M
Cap Rate 7%
$741,957
$742.0K
Cap Rate 9%
$577,078
$577.1K
Market Conditions
NOI Build-Up for 2,974 SF
Gross rent
$80.3K $27.00/SF
− Vacancy
−$6.1K −$2.05/SF
EGI
$74.2K $24.95/SF
− OpEx
−$22.3K −$7.48/SF
NOI
$51.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,740
Cap Rate 7%
$741,957
Cap Rate 9%
$577,078
Alternative Uses
Best Use
Multifamily LT 5
$742.0K
$649.2K – $865.6K
NOI $51,937 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$683.6K
$598.2K – $797.6K
NOI $47,854 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,459 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
2,223
Businesses Nearby
Explore this area
Business Placement
Demographics for 90247, CA
48,543
Population
17,076
Households
2.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
12,774
Density / Sq Mi
$73,851
Median Household Income
$37,000
Median Earnings
$1,751
Median Rent
$640,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Updated fourplex in desirable Gardena location with strong rental appeal.
Where is this quadplex located?
The property is located at 15701 Brighton Ave Gardena, CA.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: Turnkey fourplex in a highly desirable Gardena location; All units recently updated, offering strong rental appeal; New tenants as of 2024 with rents near market levels, providing immediate income
