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1338 W 163rd Street, Gardena, CA 90247

Triplex

1338 W 163rd Street, Gardena, CA 90247 Sold January 2025 CRMLS
$1,375,000Sold January 2025

Listing Agent: Larson Harley (DRE #02045736) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 949-933-1112 · Bought with: Larson Harley · Lyon Stahl Investment Real Estate, Inc. · MLS #SB24208018 · Source: CRMLS

6,747 sqft
Lot Size
1994
Year Built
Triplex
Type
2
Stories
6
Garage
CentralAir
Cooling
Central
Heating

About this triplex

We are pleased to present 1338 W 163rd Street in Gardena. The property was built in 1994 by the current owners and this is the first time it's been listed for sale. The building consists of three large townhome-style units (approx. 1,400 sq ft each) with their own 2-car garage, private balcony, central AC/heating, and washer/dryer. Boasting a desirable unit mix of (1) 3-bed/2.5-bath and (2) 2-bed/2.5-bath units, the building has been well-maintained and includes a new roof with warranty. Located in a desirable central Gardena location with easy freeway access, the subject property has over 50% in upside rent potential and is not subject to any local rent control (only AB 1482). This is an ideal opportunity for an owner-user to occupy one of the units and collect rental income from the other two. Additionally, investors can explore a potential TIC conversion to sell the units individually as condos - comparable condos are selling for $600,000+ (buyer to verify).

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$1,375,000
Sold January 2025 · listed $1,400,000, on market October 2024 · MLS #SB24208018 · Source: CRMLS
Listing Agent: Larson Harley · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 949-933-1112 · Bought with: Larson Harley · Lyon Stahl Investment Real Estate, Inc.
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