1323 W 168th Street, Gardena, CA 90247

About this property

We are pleased to present 1323 West 168th Street, a 5-unit investment property in Gardena, California. The property is located between Normandie and Berendo Avenues blocks from the 110 Freeway. This area is a solid majority-renter market with low vacancy rates. 1323 West 168th Street consists of three 1 bedroom 1 bathroom (nonconforming) units and four 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

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

Sale history

$1,425,000

Sold May 2023 · listed $1,550,000, orig. $1,728,800, on market March 2023 · MLS #23251974 · Source: CRMLS

Listing Agent: Jonathan Weir · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Jonathan Weir · Marcus & Millichap

Explore Gardena