Gardena, CA 90249,14623 Roxton Avenue
Gardena, CA 90249,14623 Roxton Avenue
Gardena, CA 90249,14623 Roxton Avenue
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$1,000,000
Est. payment /mo
5 Beds
2,140 SqFt
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Open House

Mon Oct 27, 11:30am - 12:30pm

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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $467

MLS Listing ID CL25602963

Bedrooms 5

HOA Y/N No

Year Built 1952

Lot Size 5,233 Sqft

Acres 0.12

Property Sub-Type OTHER

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

Zoning GAR1

Interior

Heating Central

Fireplace No

Laundry Dryer, Washer

Exterior

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 4064008018


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Bridge MLS
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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