1938 West 146th Street
$1,799,000
18
18
1,081
1,081
$1,664
Listed By Compass
Description
Welcome to a remarkable development opportunity nestled in the thriving city of Gardena. This expansive 14,407 sqft. lot, situated in a GAR3 zone, beckons investors and developers with its vast potential. With approved plans and RTI permits in hand for six stunning 3-story Hacienda-style townhomes, this property stands as a testament to innovation and vision. The canvas is set; a meticulously graded flat lot with all public utilities primed for seamless integration. Each of the future units, spanning...Welcome to a remarkable development opportunity nestled in the thriving city of Gardena. This expansive 14,407 sqft. lot, situated in a GAR3 zone, beckons investors and developers with its vast potential. With approved plans and RTI permits in hand for six stunning 3-story Hacienda-style townhomes, this property stands as a testament to innovation and vision. The canvas is set; a meticulously graded flat lot with all public utilities primed for seamless integration. Each of the future units, spanning a generous 2,400 square feet, promises an exquisite living experience. Boasting 3 bedrooms, 3 bathrooms, balconies, laundry rooms, 2-car garages, and rooftop decks, these residences are thoughtfully designed to elevate modern living standards. Furthermore, the current property features a charming 2-bedroom, 1-bathroom house, previously utilized as an Airbnb destination and currently leased to a reliable tenant for $3,300 per month. This presents a lucrative avenue of income during the construction phase of the project, adding to the allure of this investment opportunity. Notably, being situated outside the City of Los Angeles means the property is not subject to their strict Airbnb guidelines, providing greater flexibility for rental strategies.Conveniently situated within short distance to schools, shops, and entertainment, this location epitomizes the essence of urban convenience while maintaining a serene residential ambiance. Residents will relish in the proximity to esteemed institutions such as Harbor UCLA Medical Center, Westfield Mall, and the renowned SpaceX headquarters, as well as easy access to the freeway and the picturesque beaches. Close proximity to the upcoming venues for the 2026 FIFA World Cup, and LAX Airport. Moreover, construction services can be provided at a highly competitive price, ensuring maximum return on investment. With an estimated 9% cap rate yearly, and projected rents aligning with market demands, this opportunity offers a compelling proposition for astute investors seeking long-term profitability.
Listing Agent
Property Details for 1938 West 146th Street
Zoning
GAR3
StyleHacienda
Parcel Number4062007025
Total Units6.0
Living Area1081
Source Living AreaVendor Enhanced
AreaMcCarthy (117)
Vacancy Rate0
LISTING UPDATED: 09/09/2024 04:09 PM
Property Details for 1938 West 146th Street
Status | Active |
---|---|
MLS # | 24-376887 |
Days on Market | 260 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.33 AC / 14,407 SF |
County | Los Angeles County |
Building Information for 1938 West 146th Street
Stories3Residences-Year Built1951Building Size-Lot Size0.33 AC / 14,407 SF
Property Information for 1938 West 146th Street
Property History for 1938 West 146th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1938 West 146th Street
Taxable ValueLand$925,956Additions$104,040Total$1,029,996
Tax Record2024$12,740 ($1,062 / month)
Home Facts
Beds2Total Finished SqFt1,081 SqFtAbove Grade Finished SqFt1,081 SqFtStories1Lot Size14,407 SqFtStyleSingle Family ResidenceYear Built1951ZoningGAR3CountyLOS ANGELESAPN4062-007-025
Schools near 1938 West 146th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Chapman Elementary School PublicK to 5 | ||
Boys Academic Leadership Academy Public6 to 12 | ||
Gardena Senior High School Public9 to 12 | ||
Middle College High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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