14623 Roxton Ave Active

Gardena,CA 90249

$ 1000000

5 Beds

4 Baths

2140 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $467

MLS Listing ID 25602963

Bedrooms 5

Year Built 1952

Lot Size 5,233 Sqft

Acres 0.1201

Property Sub-Type Multi-Family

Property Description

14623 Roxton Ave | 3-Unit Multifamily in Gardena with Proven ADU Income and Rental UpsideBuilt in 1952, the property consists of a well-diversified mix of (1) 3-Bed/1-Bath front house, (1) 2-Bed/2-Bath middle unit, and (1) 500 SF garage studio totaling 2,600 SF on a 5,233 SF GAR1-zoned lot. Priced at $1,000,000 (~$333K per unit / $384 per SF), this South Bay triplex offers investors an attractive blend of in-place income and measurable rent growth potential. The asset currently produces a 5.02% cap rate, with pro forma projections at 5.82%, supported by efficient operating expenses under 30% of EGI. The front 3-Bed unit presents over 30% rental upside, providing a straightforward opportunity to increase NOI and property value through rent adjustments or light renovations. The garage studio and second unit already function as ADUs, demonstrating a proven value-add model that can be further enhanced to drive returns. With three parking spaces and individual layouts that attract long-term tenants, this property delivers both stability and upside. This is a Partition Referee sale with Court Confirmation required.

Location

State CA

County Los Angeles

Area Mccarthy

Zoning GAR1

Rooms

Other Rooms Shed(s)

Interior

Heating Central

Cooling Air Conditioning

Equipment Washer, Dryer, Dishwasher, Built-Ins, Ceiling Fan, Refrigerator, Range/Oven

Exterior

Parking Features Driveway

Garage Spaces 3.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Probate Listing

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