1234 Marine Avenue, Gardena, California 90247, Gardena, 90247 - 0 bed, 0 bath
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Gardena, California 90247
This GAR3 Zoned Fourplex is a Prime Investment Opportunity with a List Price of $1,490,000—positioned well below the $1,561,444 Fair Market Value by 4%. This valuation provides $71,444 in Instant Equity. Boasting a Condition Rating of 3, the property features a 2025 electrical upgrade, separate metering, and an 8-car parking capacity. With two large 3-bedroom units and a strategic location near major freeways, it ensures high rental demand. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility asset.
Property is move-in ready.
The property is move-in ready and well-maintained with several key updates. While built in 1966, it features modern laminate flooring, updated kitchen countertops, and a recently upgraded electrical panel (2025). The units appear clean and functional with minimal wear, fitting the criteria for a well-maintained property that has undergone partial renovation.
The property is ideally situated near the 110, 91, and 405 freeways, offering exceptional accessibility for commuters and ensuring high rental demand in the Pacific Square area.
Featuring two large 3-bedroom units and separate metering for gas, electricity, and water heaters, this fourplex significantly reduces landlord overhead while maximizing income potential.
With a fully gated perimeter and eight total parking spaces—including four garage spots—the property provides a high level of security and convenience that is a premium for multi-family tenants.
The local high school carries a rating of 3 out of 10, which may deter some long-term family tenants and impact the property's competitive edge compared to neighboring districts.
Built in 1966, the property may require more frequent maintenance and capital improvements for original plumbing or structural elements, despite the recent 2025 electrical panel upgrade.
Don’t miss out on this GAR3 zoned fourplex in the desirable Pacific Square! This multifamily property consists of two 3bed 2bath units and two 2bed 1bath units, which are all separately metered for gas & electric and have separate water heaters. This property is also fully gated, has a large front yard, a common area laundry room, two storage closets, and a total of 8 parking spots for the tenants’ use (one garage spot, 3 carport spots and four uncovered spots). Furthermore, the main electrical panel was fully upgraded and replaced in the Summer of 2025. Situated conveniently near the 110, 91 and 405 freeways, this location is ideal for commuters and offers residents plenty of dining & shopping options to choose from.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,332 | 4,449 | 43% |
| Lot Size | 7,212 | 6,302 | 57% |
| Price | $1.43M | $1.40M | 71% |
| Price per sq ft | $330 | $315 | 57% |
| Built year | 1966 | 1968 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 108 | 14% |
Apr 2, 2026
$1,430,000
$1,490,000
-4% Price Drop
Initial Listing
Mar 16, 2026
$1,490,000
Initial Listing
Feb 28, 2019
$1,565,000
Public Record
Jan 12, 2018
$1,050,000
Public Record