Turnkey investment opportunity on a private cul-de-sac—featuring three fully renovated, detached bungalows generating $89,820/year with a 5.1% cap rate and 12.5 GRM. The property offers a desirable unit mix of two 2-bed/1-bath homes and a studio ADU, all beautifully renovated with new flooring throughout, modern kitchens showcasing quartz countertops and custom cabinetry, and bathrooms finished with stylish tile, vanities, and fixtures. Each bungalow has in-unit washer and dryer hookups. The property includes key upgrades including new roofs, new windows, and an updated electrical system. Set on a quiet, tree-lined street next to William Green Elementary & Park, the property boasts an 82 Walk Score, offering exceptional walkability, coastal proximity just 3 miles from the beach, and convenient access to Hawthorne Blvd, the South Bay Galleria redevelopment, shopping, dining, and entertainment.
Listing courtesy of Listing Agent: Christopher Crosby (chris.crosby@buckinghaminvestments.com) from Listing Office: Buckingham Investments, Inc.
Listing sold by Jonathan Weir from Marcus & Millichap
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