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1148 W 166th Street, Gardena, CA 90247

Property

1148 W 166th Street, Gardena, CA 90247 Sold August 2026 CRMLS
$900,000Sold August 2026

Listing Office: Marcus & Millichap · Contact: 424-405-3900 · MLS #26832397 · Source: CRMLS

6
Bedrooms
3
Bathrooms
2,597
Sq Ft
9,406 sqft
Lot Size
1956
Year Built
Property
Type
1
Stories
None
Cooling
WallFurnace
Heating

How this sale compares

1148 W 166th Street sold for $900,000 in August 2026, at its full list price, after 73 days on the market. That works out to $347 per square foot on 2,597 square feet. Across 108 closed sales in 90247 over the last 12 months, the median sold price is $807,500 and the median is $492 per square foot, 42% above this sale's $347.

$347
This sale, per sq ft
$492
90247 median per sq ft (12 mo)
$807,500
90247 median sold price (12 mo)
108
Closed sales in 90247 (12 mo)
73
Days on market
QuarterClosed sales in 90247Median sold price
Q1 20267$820,000
Q2 202642$830,000
Q3 202647$789,000
Q4 202612$786,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Gardena · Homes for sale in 90247

Description

FULLY OCCUPIED PROPERTY. DELIVERED FULLY OCCUPIED. DRIVE-BY ONLY! Submit offer subject to interior inspection! We are pleased to present 1148 W 166th St in Gardena, a compelling 4-unit investment opportunity offering significant upside and long-term growth potential. The property features a standalone 3-bedroom, 1-bathroom front house, providing strong owner-user appeal or the ability to capture premium rental income, a key differentiator from typical multifamily assets. The investment is highlighted by a 48% rental upside, presenting a clear mark-to-market opportunity for investors to substantially increase income and overall returns. Coupled with its strong value-add potential, the property is well-suited for repositioning through interior and exterior improvements to maximize rental performance. Additionally, the property offers ADU development potential under SB1211, allowing for the possibility to build up to 4 additional units (buyer to verify), creating a clear path to increased density and enhanced long-term value. Priced as the lowest 4-unit property currently available in the city of Gardena, the offering is strategically positioned to attract strong investor interest while delivering both immediate upside and future development potential.

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$900,000
Sold August 2026 · on market May 2026, 73 days on market · MLS #26832397 · Source: CRMLS
Listing Office: Marcus & Millichap · Contact: 424-405-3900

Recent sales near 1148 W 166th Street

Closed sales reported in 90247, nearest first, last 12 months. All recent sales in Gardena →

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