$1,900,000

1261 139th St Gardena, CA 90247

Estimated payment $12,023/month

Total Views 602
13 Beds
7 Baths
5,723 Sq Ft
$332 Price per Sq Ft

Highlights

  • 0.64 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

This exceptional investment opportunity features five detached single-family homes situated on an expansive lot in the heart of Gardena, California. Together, the residences offer a combined total of 13 bedrooms and 7 bathrooms, with a gross living area of approximately 5,723 square feet. Each unit is thoughtfully configured to provide a diverse mix of living arrangements. The first unit includes four bedrooms and two bathrooms; the second, third, and fourth units each offer two bedrooms and one bathroom; and the fifth unit features three bedrooms and two bathrooms. All five homes are currently tenant-occupied, generating immediate rental income. Two of the units are secured under one-year lease agreements, while the remaining three operate on month-to-month tenancies, offering flexibility for future rent increases, repositioning, or owner occupancy. Nestled in a well-established residential neighborhood, the property enjoys convenient access to major freeways, schools, shopping centers, and public transportation, making it highly desirable for tenants and investors alike. The lot spans an impressive 27,985 square feet, presenting significant potential for future development, expansion, or value-add improvements—subject to city approval and zoning regulations.
This is a rare chance to own multiple detached homes on a single parcel in a prime South Bay location, ideal for investors seeking stable returns or buyers exploring multi-generational living or redevelopment possibilities.

Listing Agent

Josephine Tan

Premier Real Estate & Mortgage Services Brokerage Phone: 310-753-2717 License #01706011 Listed on: 09/12/2025

Co-Listing Agent

Joshua Tan

Premier Real Estate & Mortgage Services Brokerage Phone: 310-753-2717 License #02179974

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1953

Lot Details

  • 0.64 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 5,723 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 6115010002

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $3,500
  • Trash Expense $38
  • Operating Expense $76,572
  • Gross Income $130,200
  • Net Operating Income $53,628

Property Details

Home Type

Apartment

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 380000
  • Property Attached: No
  • Zoning: GAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6115010002
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 331.99

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 38.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 27985.00
  • Lot Size Acres: 0.6424

Multi Family

  • Gross Income: 130200.00
  • Gross Operating Income: 130200.00
  • Gross Scheduled Income: 130200.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 27985.0000 Square Feet
  • Net Operating Income: 53628.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 76572.00
  • Rent Control: No
  • Total Actual Rent: 10850.00
  • Total Expenses: 76572.00

Tax Info

  • Tax Area: 0-574
  • Tax Lot: 34

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $1,900,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25215710

California Regional Multiple Listing Service (CRMLS)