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Millman Team Real Estate

$11,200,000
80 Bed
61 Bath
38,590 Sqft
0.90 Acre Lot

2912 W 141st Place, Gardena, California 90249

  • Residential Income Property Type
  • 38,590 Sqft Square Footage
  • Carport Cars Garage
  • 1959 Year Built
Property Description

Desirable Gardena Location: Approximately 1 mile from SpaceX and 3 miles from SoFi Stadium and Intuit Dome. 32 Units Across 5 Separate Parcels: Each parcel has its own APN, providing a unique multifamily investment opportunity. Strong In-Place Financials & Rental Upside: 6.44% current cap rate and 10.09 current GRM, with upside to a 7.32% pro-forma cap rate and 9.19 pro-forma GRM. Outstanding Unit Mix: Comprised of (22) 3-bedroom/2-bathroom units, (7) 2-bedroom/2-bathroom units, and (3) studio/1-bathroom units. Over $1.5 Million in Recent Capital Expenditures: More than $1, 500, 000 invested over the past 5 years, including approximately $774, 000 in interior and in-unit renovations. Extensively Renovated Asset: Majority of units feature renovated kitchens, bathrooms, and flooring, along with extensive electrical upgrades and updated interior subpanels. Major System Upgrades: Five of six roofs are new, along with new main sewer lines, new hot water heaters, and upgraded plumbing. Large Multifamily Asset & Property Amenities: 38, 590 SF of rentable building area on a combined 38, 990-SF lot, featuring on-site laundry facilities, 32 parking spaces, and no local rent control (AB 1482 only).

Basic Details
Residential Income
For Sale
26873205
$11,200,000
80
61
38,590 Sqft
1959
0.90 Acre
Active
Features
: Carport, Covered
: Laundry Room
$0
Appliances
: Washer
Address Map
CA
Los Angeles
Gardena
90249
141st
2912
Place
W119° 40' 31.7''
N33° 54' 9.9''
West of Van Ness Avenue, East of Crenshaw Boulevard, North of Rosecrans Avenue, South of 135th Street
114 - Hollypark
W
GAR4
Additional Information
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$0
$0
$0
$0
38590
: Two
32
2026-08-17
2
2
Broker/Agent Information
Shield CRE, Inc.
Jonathan Nikfarjam
Listing Information
CLW-C100141
CLW-X82383
Active
2026-08-25T07:14:54Z
CRMLS
: Standard
2026-08-17T00:00:00Z
Agent info
Ray Millman
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