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14623 Roxton Ave
Gardena, CA 90249
14623 Roxton Ave · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Built-in Rental Upside
- Proven ADU Income
- Low Entry Point
EXECUTIVE SUMMARY
14623 Roxton Ave is a three-unit multifamily investment in Gardena, offering investors immediate income with significant upside through rent growth, ADU potential, and unit repositioning. The property includes a 3-Bed/1-Bath front house, a 2-Bed/2-Bath middle unit, and a 500-square-foot garage studio. At an asking price of $1,000,000 ($333K per unit), this 1952-built asset provides a rare, attainable entry into the South Bay multifamily market. Current rents generate a 5.02% cap rate with pro forma projections at 5.82%, supported by efficient expenses under 30% of EGI. With one unit carrying over 30% rental upside and the garage studio already functioning as an ADU, investors can capture immediate cash flow with a clear path to long-term growth.
PROPERTY FACTS Under Contract
AMENITIES
UNIT AMENITIES
- Family Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $2,066 CAD | 500 |
| 2+2 | 1 | $3,581 CAD | 1,052 |
| 3+1 | 1 | $3,250 CAD | 1,091 |
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