This 6-unit multi-family property in Gardena, CA, has a rent potential range between $13.5K and $16.8K per month based on current market comps. With six separate units, the total potential annual revenue could be between $162K and $201K. Given the property's location in Central Gardena, close to major freeways, it benefits from strong demand. The estimated payback period is favorable due to the property's Net Operating Income (NOI) of $72.18K. Unique features such as multiple garages and a large lot add appeal, though the property's age could pose maintenance challenges.
To enhance the property's rental income, consider modernizing interiors and improving curb appeal, which can command higher rents. If considering selling, emphasize the property's large lot and potential for redevelopment, which could attract investors looking to capitalize on Gardena's ongoing growth. Updating the units or adding amenities like in-unit laundry could further increase property value.