1935 W 154th Place, Gardena, California 90249, Gardena, 90249 - bed, bath

1935 W 154th Place, Gardena, California 90249 home-pic-0
ACTIVE$1,195,000
1935 W 154th Place, Gardena, California 90249
0Bed
0Bath
3,000Sqft
6,907Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: This property features two fully remodeled, move-in-ready units, offering immediate and significant rental income streams, ideal for investors or house hacking.
Top Cons:
Age of Original Structure: Built in 1952, the property's underlying infrastructure (e.g., plumbing, electrical, roof) may still be original in some areas, potentially leading to unforeseen maintenance or upgrade costs beyond the unit remodels.

Compared to the nearby listings

Price:$1.20M vs avg $962.5K (+$232,500)50%
Size:3,000 sqft vs avg 2,870 sqft50%
Price/sqft:$398 vs avg $33250%

More Insights

Built in 1952 (73 years old).
Condition: Despite being built in 1952, the property has undergone a recent and extensive renovation, as explicitly stated in the description ('fully remodeled and move-in-ready units,' 'Beautifully updated with modern finishes, open floor plans, upgraded kitchens, and stylish bathrooms'). The images confirm this with new white shaker cabinets, quartz countertops, stainless steel appliances, modern subway tile backsplashes, updated bathrooms with new vanities and tiled showers, new laminate flooring throughout, recessed lighting, and fresh paint. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1952
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
PW25174244
Home ConditionExcellent
Features
Patio
View-

About this home

Exceptional Income Property – Two on a Lot + Garage with ADU Potential | Gardena, CA Investment Opportunity in the Heart of Gardena! Welcome to this rare and highly upgraded two-on-a-lot property offering an unbeatable investment opportunity in a prime Gardena location. Featuring two fully remodeled and move-in-ready units, PLUS a detached garage with ADU potential, this property offers incredible flexibility for multi-generational living, house hacking, or generating multiple streams of rental income. Property Highlights: Two Separate Units – Beautifully updated with modern finishes, open floor plans, upgraded kitchens, and stylish bathrooms. Detached Garage – A spacious structure with strong potential to convert into a third income-producing unit (ADU). Plans or feasibility reports available upon request. Ample Parking – Private driveway and parking for multiple vehicles. Low-Maintenance Lot – Landscaped for curb appeal and minimal upkeep. Income Generating – Strong rental history with upside potential. Live in one and rent the others, or rent all three for maximum return. Located in Gardena, a thriving and centrally located city just minutes from freeways, dining, shopping, and a short drive to LAX, DTLA, and the South Bay beaches. This property is ideal for savvy investors or homeowners looking for both stability and growth. Don’t Miss Out! Whether you're looking to grow your investment portfolio or secure a smart primary residence with income potential, this one checks all the boxes. Contact us today to schedule a private tour and explore the possibilities!

Nearby schools

8/10
One Hundred Fifty-Sixth Street Elementary School
Public,K-60.2mi
8/10
Chapman Elementary School
Public,K-50.2mi
4/10
Robert E. Peary Middle School
Public,6-81.0mi
3/10
Gardena Senior High School
Public,9-122.0mi

Price History

Date
Event
Price
01/31/25
Sold
$1,250,000
11/15/22
Sold
$760,000
12/31/12
Sold
$385,000
09/13/05
Sold
$515,000
08/28/02
Sold
$289,000
Condition Rating
Excellent

Despite being built in 1952, the property has undergone a recent and extensive renovation, as explicitly stated in the description ('fully remodeled and move-in-ready units,' 'Beautifully updated with modern finishes, open floor plans, upgraded kitchens, and stylish bathrooms'). The images confirm this with new white shaker cabinets, quartz countertops, stainless steel appliances, modern subway tile backsplashes, updated bathrooms with new vanities and tiled showers, new laminate flooring throughout, recessed lighting, and fresh paint. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential: This property features two fully remodeled, move-in-ready units, offering immediate and significant rental income streams, ideal for investors or house hacking.
ADU Conversion Opportunity: The detached garage presents strong potential for conversion into a third income-producing Accessory Dwelling Unit (ADU), significantly boosting future cash flow and property value.
Turnkey Condition of Units: Both existing units have been beautifully updated with modern finishes, open floor plans, upgraded kitchens, and stylish bathrooms, minimizing immediate renovation costs for a new owner.
Strategic & Central Location: Located in a prime Gardena area, the property offers excellent connectivity to freeways, dining, shopping, LAX, DTLA, and South Bay beaches, enhancing tenant appeal and long-term value.
Ample Parking & Low Maintenance: A private driveway provides parking for multiple vehicles, a valuable asset for multi-unit properties, complemented by a low-maintenance, landscaped lot.

Cons

Age of Original Structure: Built in 1952, the property's underlying infrastructure (e.g., plumbing, electrical, roof) may still be original in some areas, potentially leading to unforeseen maintenance or upgrade costs beyond the unit remodels.
ADU Conversion Requires Investment: While offering significant upside, the ADU conversion is potential, not completed. It will require additional capital investment, permits, and time to realize, and is not an immediate income stream.
Lack of Detailed Financials: The listing mentions 'strong rental history' but lacks specific current rental income figures, operating expenses, or a cap rate, necessitating thorough financial due diligence from prospective buyers.

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