408 E 157th St, Gardena, CA 90248

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.