Two-Story
For Sale
$1,100,000
Pending
1714 W 144th Street, Gardena, CA 90247
Fully occupied rental property with long-term tenants, tenant carport parking, and a shared laundry room.
Property Size3,936 SF
Days on Market102
Property Features for 1714 W 144th Street
General Information
Standard status
Pending
Size
3,936 SF
Property subtype
Apartment
Occupancy
100%
Additional Details
Multifamily Units
4
Amenities
shared laundry room
Building Details
Building Size
3,936 SF
Year Built
1963
Buildings
1
Stories
2
Listing Agency:
Dunfee Real Estate Services
(562) 481-3866
Listed By:
Mike Dunfee · License #01191497
Source:
Archetyperealty
Added: May 18
Changed: Aug 14
Last Checked: Aug 13 at 12:03PM
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 Dunfee Real Estate Services
Investment Insights
Based on property information with market context.
Built in 1963, this two-story quadplex contains four residential units and is currently fully occupied by long-term tenants. The property includes a dedicated carport for tenant use and a shared laundry room, providing practical amenities for the residents.
The property is located in Gardena, California, with access to local amenities and transportation. Its four-unit configuration, existing occupancy, and on-site tenant features offer a straightforward multifamily format for an investor seeking an established residential income property.
The property is located in Gardena, California, with access to local amenities and transportation. Its four-unit configuration, existing occupancy, and on-site tenant features offer a straightforward multifamily format for an investor seeking an established residential income property.
Key Highlights
- Four‑unit multifamily property
- Two‑story building constructed in 1963
- Fully occupied by long‑term tenants
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,737
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,374,740
$1.4M
Cap Rate 7%
$981,957
$982.0K
Cap Rate 9%
$763,744
$763.7K
Market Conditions
NOI Build-Up for 3,936 SF
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.
Gross rent
$106.3K $27.00/SF
− Vacancy
−$8.1K −$2.05/SF
EGI
$98.2K $24.95/SF
− OpEx
−$29.5K −$7.48/SF
NOI
$68.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,374,740
Cap Rate 7%
$981,957
Cap Rate 9%
$763,744
Alternative Uses
Best Use
Multifamily LT 5
$982.0K
$859.2K – $1.15M
NOI $68,737 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$904.8K
$791.7K – $1.06M
NOI $63,333 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$2.11M
$1.84M – $2.46M
NOI $147,512 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,355
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied rental property with long-term tenants, tenant carport parking, and a shared laundry room.
Where is this quadplex located?
The property is located at 1714 W 144th Street Gardena, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Two‑story building constructed in 1963; Fully occupied by long‑term tenants
