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14623 Roxton AVE Gardena, CA 90249
5 Beds
4 Baths
2,140 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,140 sqft
Price per Sqft $467
MLS Listing ID 25602963
Bedrooms 5
HOA Y/N No
Year Built 1952
Lot Size 5,231 Sqft
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 117 - Mccarthy
Zoning GAR1
Rooms
Other Rooms Shed(s)
Interior
Interior Features Ceiling Fan(s)
Heating Central
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 4064008018
Special Listing Condition Probate Listing
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
