
Gardena, California 90247
This Triplex Investment Asset represents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $1,187,522 Fair Market Value by 16%. This valuation gap provides $192,522 in Instant Equity for buyers. While currently in Fair Condition, the property features a high-demand unit mix including two 3-bedroom units, offering significant Value-Add Upside through interior modernization. Located near major South Bay employment hubs, this stable income generator is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Property is moderate renovation needed.
Built in 1962, this triplex is in fair condition, showing typical signs of age for a 60-year-old structure. While the exterior features some updates like vinyl windows, the concrete driveway is heavily cracked and the flat roof on the rear unit appears weathered. The listing description explicitly mentions 'value-add upside' and 'cosmetic upgrades,' which, combined with the lack of interior photos, indicates that the kitchens and bathrooms are likely outdated and require modernization to meet current market standards.
The property features two large 3-bedroom units and one 2-bedroom unit, a rare and desirable configuration that appeals to families and ensures stable, long-term occupancy.
Excellent proximity to the 110, 105, and 91 freeways provides tenants with easy access to major employment hubs in Torrance, El Segundo, and Downtown Los Angeles.
The property offers significant upside through future rental growth and potential cosmetic upgrades, allowing investors to maximize yield in a strong South Bay rental market.
Built in 1962, the asset may require near-term capital expenditures for system updates or structural maintenance typical of properties from this era.
Local school ratings range from 3 to 5, which may limit the property's appeal to certain tenant demographics specifically seeking top-tier educational districts.
14724 S Budlong Ave is a triplex investment opportunity located in the strong Gardena / South Bay rental market. The property features a desirable unit mix of one (2-Bed / 1-Bath) unit and two (3-Bed / 1.75-Bath) units, offering spacious floor plans that appeal to families and long-term tenants. With strong rental demand for larger units in the area, the property presents an attractive opportunity for investors seeking stable income with potential value-add upside through future rental growth. Conveniently located near the 110, 105, and 91 freeways, the property offers easy access to major employment centers in Torrance, El Segundo, and Downtown Los Angeles, as well as nearby retail, dining, and everyday amenities.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 1.1 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 | 3,723 | 4,449 | 43% |
| Lot Size | 7,400 | 6,302 | 57% |
| Price | $995.0K | $1.15M | 43% |
| Price per sq ft | $267 | $315 | 29% |
| Built year | 1962 | 1968 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 108 | 14% |
Mar 31, 2026
$995,000
Initial Listing