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6-Unit Townhome Apartment Building
New
For Sale
$3,499,000

1612 W 146th St, Gardena, CA 90247

Each residence has separate water, electricity, and gas meters, limiting landlord responsibility for those utilities.

Property Size11,010 SF
Price / SF$317.80
Days on Market5

Property Features for 1612 W 146th St

General Information

Standard status Active
Size 11,010 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 6

Building Details

Year Built 2008
Listed By: Accardo Real Estate Associates - AREA
Source: Naylorproperties
Added: Oct 11 Last Checked: Oct 14 at 10:32PM

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 Accardo Real Estate Associates - AREA

Investment Insights

Based on property information with market context.

This 11,010-SF apartment property in Gardena contains six townhome-style residences and was built in 2008. Each unit is assigned its own APN, and water, electricity, and gas are individually metered at each residence.

The property is outside the City of Los Angeles and is not subject to the Los Angeles City Rent Stabilization Ordinance. Its separate parcel identifiers allow the units to be held as a rental community or sold individually.

Key Highlights

  • Six townhome‑style residences, each with its own APN
  • 11,010 SF property built in 2008
  • Water, electricity, and gas separately metered for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$177,160
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,543,200 $3.5M
Cap Rate 7%
$2,530,857 $2.5M
Cap Rate 9%
$1,968,444 $2.0M
Market Conditions
NOI Build-Up for 11,010 SF
Gross rent
$350.1K $31.80/SF
− Vacancy
−$28.0K −$2.54/SF
EGI
$322.1K $29.26/SF
− OpEx
−$144.9K −$13.17/SF
NOI
$177.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,543,200
Cap Rate 7%
$2,530,857
Cap Rate 9%
$1,968,444

Alternative Uses

Best Use
Apartment 5plus
$2.53M
$2.21M – $2.95M (±1% cap)
NOI $177,160 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.89M
$5.16M – $6.88M (±1% cap)
NOI $412,630 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,511
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has separate water, electricity, and gas meters, limiting landlord responsibility for those utilities.
Where is this apartment building located?
The property is located at 1612 W 146th St Gardena, CA.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Six townhome‑style residences, each with its own APN; 11,010 SF property built in 2008; Water, electricity, and gas separately metered for each unit
More about this property
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