718 W 168th Street, Gardena, CA 90247

About this property

Situated in the City of Gardena, this property offers Four Separate Single-Story Duplexes that consist of all 2 Bedroom / 1 Bath Units. Each Cottage-Style Unit has an attached One (1), or Two (2) Car Garage, with Washer / Dryer hookups. The property also boasts Pitched Roofs, Individual Water Heaters, Patios or Yards, and Copper Plumbing throughout. Because of the large 23,801 Sq. Ft. lot, with No Common Walls between each Unit, tenants can enjoy a Low Density quiet family environment. Note: Six (6) out of the Eight (8) Units are under La City Rent Stabilization Ordinance (RSO), however, Two (2) of the Units are exempt from this Ordinance due to their 1988 Construction. This property has an Actual Cap Rate of 5.00% and a Market Cap Rate of 7.46%.

Listing description from the June 2020 sale, as reported to CRMLS.

Sale history

$1,729,500

Sold June 2020 · listed $1,797,000, on market April 2020 · MLS #OC20069567 · Source: CRMLS

Listing Agent: Pat Swanson · Listing Office: Pat Swanson · Contact: 949-724-5564 · Bought with: Pat Swanson · Pat Swanson

$1,620,000

Sold July 2019 · listed $1,890,000, on market February 2019 · MLS #19437164 · Source: CRMLS

Listing Agent: Chul Kwan Yang · Listing Office: Masters Realty Group · Contact: 213-385-6500 · Bought with: Chul Kwan Yang · Masters Realty Group

Explore Gardena