For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $720,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,821 sqft
Price per Sqft $395
MLS Listing ID PW22060663
Sold Date 05/26/22
Style All Other Attached
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1959
Lot Size 4,771 Sqft
Acres 0.1095
Property Description
Welcome to an amazing Gardena gem. Property sits in a very private community on corner lot. A single level 3 bed 2 bath with 1821 living space sqft on a 4771 sqft lot. Home also has a grandfathered in additional 1 bed 1 bath garage conversion. The home is currently split in half showing 2 separate units. Unit 1 boast a 2 bed 2 bath that includes a master bath and a laundry room near kitchen entry. Tenant is very flexible and is willing to stay if buyer would like to assume current tenant rental income of $2300 a month. Unit 2 of the home boast a 2 bed 1 bath open floor concept. Unit has been completely prepped for separate living quarters that include: your own kitchen area, Electric stove, fully furnished & functioning sink, cabinets and refrigerator. This unit has potential to be rented out for a rental max cap of $2100 a month. 408 E 157th street is a universal property awaiting a touch of brilliance. Investor friendly, first time buyer friendly. This home is perfect for a homeowner with a larger family as the additional bedroom bathroom makes for a spacious single family residence. There is also the possibility for INSTANT cash flow with current tenants in place as well as fully prepped 2nd rental unit ready for leasing.
Welcome to an amazing Gardena gem. Property sits in a very private community on corner lot. A single level 3 bed 2 bath with 1821 living space sqft on a 4771 sqft lot. Home also has a grandfathered in additional 1 bed 1 bath garage conversion. The home is currently split in half showing 2 separate units. Unit 1 boast a 2 bed 2 bath that includes a master bath and a laundry room near kitchen entry. Tenant is very flexible and is willing to stay if buyer would like to assume current tenant rental income of $2300 a month. Unit 2 of the home boast a 2 bed 1 bath open floor concept. Unit has been completely prepped for separate living quarters that include: your own kitchen area, Electric stove, fully furnished & functioning sink, cabinets and refrigerator. This unit has potential to be rented out for a rental max cap of $2100 a month. 408 E 157th street is a universal property awaiting a touch of brilliance. Investor friendly, first time buyer friendly. This home is perfect for a homeowner with a larger family as the additional bedroom bathroom makes for a spacious single family residence. There is also the possibility for INSTANT cash flow with current tenants in place as well as fully prepped 2nd rental unit ready for leasing.
Location
State CA
County Los Angeles
Area Gardena (90248)
Zoning LCR1YY
Interior
Laundry Laundry Room
Exterior
Garage Spaces 2.0
View Neighborhood, City Lights
Total Parking Spaces 2
Building
Lot Description Corner Lot, Cul-De-Sac, Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $50
Acceptable Financing Conventional, Cash To New Loan
Listing Terms Conventional, Cash To New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Patricia Fernandez • Keller Williams Realty