Four-Unit Quadplex with Garage
For Sale
$1,399,000
Pending
2039 Marine, Gardena, CA 90249
The property combines individual utility features with laundry areas off the kitchens and garage parking.
Property Size3,886 SF
Days on Market51
Property Features for 2039 Marine
General Information
Standard status
Pending
Size
3,886 SF
Property subtype
Investment
Lease Term
Month-to-month
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Building Size
3,886 SF
Year Built
1957
Buildings
1
Stories
1
Units
4
Listed By:
Deborah Burnett
(310) 634-6078
Source:
Elliman
Added: Sep 15
Changed: Oct 28
Last Checked: Nov 3 at 7:42AM
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 Deborah Burnett
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Gardena quadplex contains four two-bedroom, one-bath residences. Each unit has a laundry area adjacent to the kitchen and its own water heater, while gas and electricity are separately metered. Interior finishes vary, with laminate flooring in the bedrooms, living rooms, and dining areas of two units and carpeting in the other two.
Property improvements include windows replaced in 2018, a roof replaced during current ownership, and electrical and plumbing updates. Parking is provided by a four-car garage configured with two remote-controlled two-car doors. The property is near shopping, dining, major transportation routes, El Camino College, and other South Bay communities. WalkScore is 83, BikeScore is 61, and TransitScore is 46.
Property improvements include windows replaced in 2018, a roof replaced during current ownership, and electrical and plumbing updates. Parking is provided by a four-car garage configured with two remote-controlled two-car doors. The property is near shopping, dining, major transportation routes, El Camino College, and other South Bay communities. WalkScore is 83, BikeScore is 61, and TransitScore is 46.
Key Highlights
- Four two‑bedroom, one‑bath units
- Four‑car garage with two remote‑controlled two‑car doors
- Gas and electricity separately metered for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,864
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,357,280
$1.4M
Cap Rate 7%
$969,486
$969.5K
Cap Rate 9%
$754,044
$754.0K
Market Conditions
NOI Build-Up for 3,886 SF
Gross rent
$104.9K $27.00/SF
− Vacancy
−$8.0K −$2.05/SF
EGI
$96.9K $24.95/SF
− OpEx
−$29.1K −$7.48/SF
NOI
$67.9K $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%
$1,357,280
Cap Rate 7%
$969,486
Cap Rate 9%
$754,044
Alternative Uses
Best Use
Multifamily LT 5
$969.5K
$848.3K – $1.13M
NOI $67,864 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$893.3K
$781.6K – $1.04M
NOI $62,529 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,638 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,851
Businesses Nearby
Explore this area
Business Placement
Demographics for 90249, CA
27,125
Population
9,292
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
80%
High-School Grad
3.0 sq mi
ZIP Area
9,042
Density / Sq Mi
$84,921
Median Household Income
$43,336
Median Earnings
$1,705
Median Rent
$709,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines individual utility features with laundry areas off the kitchens and garage parking.
Where is this quadplex located?
The property is located at 2039 Marine Gardena, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Four two‑bedroom, one‑bath units; Four‑car garage with two remote‑controlled two‑car doors; Gas and electricity separately metered for each unit
