Duplex with Updated
For Sale
$974,900
3128 W 147th, Gardena, CA 90249
Gardena, CA
Property Size2,215 SF
Lot Size0.12 Acres
Price / SF$440.14
Days on Market78
Property Features for 3128 W 147th
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 3, Laundry Room
Parking
7
Lot features
Yard
Elementary school district
Los Angeles Unified
Middle school district
Los Angeles Unified
High school district
Los Angeles Unified
Directions
west of
Subdivision
116 - North Gateway
Standard status
Active
APN
4071018006
Size
2,215 SF
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Number of units
2
Listing Agency:
Century 21 Coastal Properties · Century 21 Real Estate
(310) 371-6330
Listed By:
Keith Brabec · License #01206669
(310) 371-6330
Added: Jun 5
Changed: Aug 20
Last Checked: Aug 21 at 4:06PM
MLS# SB26122793
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains two residential units within a 2,215-square-foot property built in 1958. Both units feature new paint and newer kitchens equipped with white shaker cabinetry and quartz countertops. The floor plan includes six bedrooms, four bathrooms, and a laundry room, with layouts described as generously sized.
The front residence has an attached garage and exterior parking for two cars. The second unit provides gated parking for two vehicles. Rear-unit access is available from the alley, creating additional separation from the front residence. The property occupies a 0.1206-acre lot and is served by public water and public sewer.
The front residence has an attached garage and exterior parking for two cars. The second unit provides gated parking for two vehicles. Rear-unit access is available from the alley, creating additional separation from the front residence. The property occupies a 0.1206-acre lot and is served by public water and public sewer.
Key Highlights
- Two‑unit duplex with 2,215 square feet of property size
- New paint and newer kitchens with white shaker cabinets and quartz countertops
- Six bedrooms and four bathrooms across the listed room configuration
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
$38,682
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
3.97%
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%
$773,640
$773.6K
Cap Rate 7%
$552,600
$552.6K
Cap Rate 9%
$429,800
$429.8K
Market Conditions
NOI Build-Up for 2,215 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
$59.8K $27.00/SF
− Vacancy
−$4.5K −$2.05/SF
EGI
$55.3K $24.95/SF
− OpEx
−$16.6K −$7.48/SF
NOI
$38.7K $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%
$773,640
Cap Rate 7%
$552,600
Cap Rate 9%
$429,800
Alternative Uses
Best Use
Multifamily LT 5
$552.6K
$483.5K – $644.7K
NOI $38,682 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$509.2K
$445.5K – $594.0K
NOI $35,641 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,013 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,348
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with refreshed interiors, separate parking arrangements, and alley access to the rear residence.
Where is this duplex located?
The property is located at 3128 W 147th Gardena, CA.
What is the asking price?
The asking price for this property is $974,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,215 square feet of property size; New paint and newer kitchens with white shaker cabinets and quartz countertops; Six bedrooms and four bathrooms across the listed room configuration
