Investment Overview

Marcus & Millichap is pleased to present to market 1210 West 144th Street, a fourplex in Gardena, California. The property is a two-story 1958 construction with two two-bedroom/one-bath and two one-bedroom/one-bath units. Each unit has its own individual water heater, carport parking space with storage, and balcony or patio. The property is separately metered for gas and electricity, helping to minimize owner expenses. This asset presents an attractive opportunity for an investor seeking stable in-place income with potential upside. Current rents are seven percent below market, offering rental upside through strategic management and turnover. Furthermore, one unit will be delivered vacant, offering a new investor the opportunity to reposition and lease at market rate. Gardena continues to demonstrate strong multifamily demand fundamentals, driven by its central location, proximity to major employment hubs, and access to key transportation corridors including the 110 and 405 freeways. The city benefits from consistent rental demand due to its relative affordability compared to neighboring coastal markets, limited new multifamily supply, and a diverse workforce base. These factors support long-term occupancy stability and rental growth potential for investors.