1143 W 166th Street, Gardena, CA 90247

About this fourplex

We are pleased to present 1143 W 166th St, Gardena. Consisting of all 2-bed/1-bath units, this 4-unit building is situated on a large 11,221 SF lot. Each unit is 952 SF for a total living area of 3,808 SF. Two of the units have been remodeled with new cabinets, floors, and countertops. Each unit has a washer/dryer hookup in the kitchen and a 1-car garage, providing the opportunity for a potential ADU conversion (buyer to verify). The current CAP rate is 4.56% with over 35% in upside rent potential; the City of Gardena does not have any local rent control and is only subject to AB 1482. This is the lowest priced 4-unit on the market in Gardena and is an ideal opportunity for an investor or owner-user seeking growth, stability, and a hedge against inflation.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,180,000

Sold June 2023 · listed $1,175,000, on market April 2023 · MLS #SB23069584 · Source: CRMLS

Listing Agent: Larson Harley · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Avinash Narang · BRC Advisors BH

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