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Income Property with Three Units
For Sale
$974,900

3128 W 147th, Gardena, CA 90249

Income-producing property featuring three units with updated interiors.

Property Size2,215 SF
Days on Market146

Property Features for 3128 W 147th

General Information

Standard status Active
Size 2,215 SF
Property subtype Duplex

Building Details

Building Size 2,215 SF
Year Built 1958
Listing Agency: Century 21 Coastal Properties
Listed By: Keith Brabec · License #01206669
Source: Truthrealty
Added: May 27 Changed: Oct 14 Last Checked: Oct 16 at 6:03PM

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 Century 21 Coastal Properties

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Investment Insights

Based on property information with market context.

This income-producing property presents a strong rental opportunity in an area with established rental properties. The front house includes 3 bedrooms and 2 bathrooms, inside laundry, and a primary suite with an en-suite bathroom. The kitchen has been updated with shaker-style cabinets and quartz countertops. The property also features a rear 2-bedroom, 1-bath unit with updated cabinetry and quartz countertops, as well as off-street parking. Additionally, there is a separate 1-bedroom, 1-bath unit for added income potential.

Key Highlights

  • Strong income‑producing property with rental potential.
  • Includes a spacious 3‑bedroom, 2‑bathroom front home.
  • Features two additional rental units: a 2‑bedroom, 1‑bath unit and a separate 1‑bedroom, 1‑bath unit.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,641
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,820 $712.8K
Cap Rate 7%
$509,157 $509.2K
Cap Rate 9%
$396,011 $396.0K
Market Conditions
NOI Build-Up for 2,215 SF
Gross rent
$70.4K $31.80/SF
− Vacancy
−$5.6K −$2.54/SF
EGI
$64.8K $29.26/SF
− OpEx
−$29.2K −$13.17/SF
NOI
$35.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,820
Cap Rate 7%
$509,157
Cap Rate 9%
$396,011

Alternative Uses

Best Use
Apartment 5plus
$509.2K
$445.5K – $594.0K (±1% cap)
NOI $35,641 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,013 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,348
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Income-producing property featuring three units with updated interiors.
Where is this multifamily property 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: Strong income‑producing property with rental potential.; Includes a spacious 3‑bedroom, 2‑bathroom front home.; Features two additional rental units: a 2‑bedroom, 1‑bath unit and a separate 1‑bedroom, 1‑bath unit.
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