Furnished Triplex With Updated
New
For Sale
$1,198,000
1738 W 144th, Gardena, CA 90247
Three vacant residences offer separate living spaces with furnishings, new appliances, and renovated interiors.
Property Size2,016 SF
Days on Market4
Property Features for 1738 W 144th
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Triplex
Additional Details
Furnished
Yes
Multifamily Units
3
Amenities
fruit trees
Building Details
Building Size
2,016 SF
Year Built
1960
Buildings
1
Listing Agency:
THE AGENCY
Listed By:
NATTAPONG RATTANAPAN · License #02081898
Source:
Truthrealty
Added: Sep 1
Changed: Sep 3
Last Checked: Sep 2 at 6:50PM
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 THE AGENCY
Investment Insights
Based on property information with market context.
This triplex was built in 1960 and subsequently rebuilt with three separate units delivered vacant. Each residence is furnished and includes updated flooring, plumbing, roofing, electrical panels, air conditioning, appliances, and spa-inspired bathroom finishes. The property also includes parking areas and fruit trees on the lot.
The Gardena property is located near SoFi Stadium, SpaceX, LAX, and South Bay beaches. With all three units available for occupancy, the building presents a flexible multifamily configuration with recently improved systems and interiors.
The Gardena property is located near SoFi Stadium, SpaceX, LAX, and South Bay beaches. With all three units available for occupancy, the building presents a flexible multifamily configuration with recently improved systems and interiors.
Key Highlights
- Three independent units delivered vacant
- Fully furnished residences with new appliances
- Rebuilt property with updated flooring, plumbing, roofing, and electrical panels
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
$35,207
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
2.94%
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%
$704,140
$704.1K
Cap Rate 7%
$502,957
$503.0K
Cap Rate 9%
$391,189
$391.2K
Market Conditions
NOI Build-Up for 2,016 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
$54.4K $27.00/SF
− Vacancy
−$4.1K −$2.05/SF
EGI
$50.3K $24.95/SF
− OpEx
−$15.1K −$7.48/SF
NOI
$35.2K $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%
$704,140
Cap Rate 7%
$502,957
Cap Rate 9%
$391,189
Alternative Uses
Best Use
Multifamily LT 5
$503.0K
$440.1K – $586.8K
NOI $35,207 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$463.4K
$405.5K – $540.7K
NOI $32,439 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$1.08M
$944.4K – $1.26M
NOI $75,555 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,516
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?
Triplex - Three vacant residences offer separate living spaces with furnishings, new appliances, and renovated interiors.
Where is this triplex located?
The property is located at 1738 W 144th Gardena, CA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Three independent units delivered vacant; Fully furnished residences with new appliances; Rebuilt property with updated flooring, plumbing, roofing, and electrical panels
