Three-Unit Triplex Investment
1824 Marine Ave Gardena, CA 90249
1824 Marine Ave, Gardena, CA, 90249
$979,000
Pending
For Sale
$979,000
Pending
Triplex with three individually metered units, interior laundry, and a separate three-car garage building.
Property Size2,139 SF
Days on Market216
Property Features for 1824 Marine Ave
General Information
- Standard status
- Pending
- Size
- 2,139 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1953
Listing agency
Keller Williams Realty
(310) 370-4010
Listed by
Aylwin Agena · License #01473411
(310) 370-4010
Source
Exitrealty
Added: Dec 18, 2025 Updated: Jul 22 at 12:42AM Checked: Jul 22 at 12:42AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Brand new roof was just installed at this well-cared-for three-unit triplex. The property consists of three separate units, each individually metered for gas and electricity, and each with interior laundry hookups. A separate garage building provides one dedicated one-car garage per unit, along with additional storage.
Units B (middle) and C (back) will be delivered vacant at close of escrow, allowing for immediate placement of tenants. Unit A (front) is occupied by a long-term tenant who wishes to remain, providing baseline income from day one.
Unit A is a 1 bed/1 bath layout. Unit B is a 1 bed/1 bath unit featuring oak hardwood floors and a recently updated wall heater (2024), with interior laundry. Unit C is a 2 bed/1 bath unit with updated laminate flooring, fresh paint, updated electrical, and interior laundry. Located at 1824 Marine Ave in Gardena, the property is near parks, schools, markets, restaurants, the public library, city hall, and major freeways.
Units B (middle) and C (back) will be delivered vacant at close of escrow, allowing for immediate placement of tenants. Unit A (front) is occupied by a long-term tenant who wishes to remain, providing baseline income from day one.
Unit A is a 1 bed/1 bath layout. Unit B is a 1 bed/1 bath unit featuring oak hardwood floors and a recently updated wall heater (2024), with interior laundry. Unit C is a 2 bed/1 bath unit with updated laminate flooring, fresh paint, updated electrical, and interior laundry. Located at 1824 Marine Ave in Gardena, the property is near parks, schools, markets, restaurants, the public library, city hall, and major freeways.
Key Highlights
- 1953‑built triplex with 3 units and a separate garage building
- Three individually metered units for gas and electricity
- Unit A: 1 bed/1 bath (~600 SF) leased to a long‑term tenant at $915/month
Local 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 | $57.8k | $27.00 |
| − Vacancy | −$4.4k | −$2.05 |
| EGI | $53.4k | $24.95 |
| − OpEx | −$16.0k | −$7.48 |
| NOI | $37.4k | $17.46 |
2,139 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$533.6K
$466.9K – $622.6K
NOI $37,355 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$491.7K
$430.2K – $573.6K
NOI $34,418 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,165 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with three individually metered units, interior laundry, and a separate three-car garage building.
Where is this triplex located?
The property is located at 1824 Marine Ave Gardena, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: 1953‑built triplex with 3 units and a separate garage building; Three individually metered units for gas and electricity; Unit A: 1 bed/1 bath (~600 SF) leased to a long‑term tenant at $915/month
