Turnkey investment opportunity on a private cul-de-sac—featuring three fully renovated, detached bungalows generating $89,820/year with a 5.1% cap rate and 12.5 GRM. The property offers a desirable unit mix of two 2-bed/1-bath homes and a studio ADU, all beautifully renovated with new flooring throughout, modern kitchens showcasing quartz countertops and custom cabinetry, and bathrooms finished with stylish tile, vanities, and fixtures. Each bungalow has in-unit washer and dryer hookups. The property includes key upgrades including new roofs, new windows, and an updated electrical system. Set on a quiet, tree-lined street next to William Green Elementary & Park, the property boasts an 82 Walk Score, offering exceptional walkability, coastal proximity just 3 miles from the beach, and convenient access to Hawthorne Blvd, the South Bay Galleria redevelopment, shopping, dining, and entertainment.
2,336 Sq Ft
5,800 Sq Ft Exterior Space
Other
Built in 1959
MLS/Listing ID SB25185770
1 Stories
3 Units
In Kitchen
Community - Sidewalks
Community - Suburban
Laundry Room
Lot - Cul-de-sac
Lot - Front Yard
Community - Park
Community - Biking
Parking - Driveway
Lot - Yard
Lot - Lawn
Listing Courtesy of BUCKINGHAM INVESTMENTS, INC, CHRISTOPHER CROSBY
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE