1261 139th St Gardena, CA 90247
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
Premier Real Estate & Mortgage Services Brokerage Phone: 310-753-2717 License #01706011 Listed on: 09/12/2025
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $1,900,000 | -- | $332 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25215710
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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