825 W 165th Place, Gardena, CA 90247

About this property

*Sold together with adjacent building at 819 W 165th Pl.* Two 8-Unit Apartment Buildings located in the heart of Gardena. These side-by-side properties have a unit mix of (2) 2-Bed/2-Bath, (10) 2-Bed/1-Bath and (4) 1-Bed/1-Bath Units. The entire property is gated for additional privacy and also features on-site laundry facilities adjacent to each building. The property is subject to rent control with great in place income and potential for additional rent growth! With a 4.58% CAP and 13.37 GRM, this is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-an-coming cities in the South Bay.

Listing description from the July 2018 sale, as reported to CRMLS.

Sale history

$1,437,500

Sold July 2018 · listed $1,497,500, orig. $1,725,000, on market August 2017 · MLS #SB17200781 · Source: CRMLS

Listing Agent: Brett Lyon · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: William Mulkey · TR Wealth Management Inc.

$1,050,000

Sold January 2016 · listed $1,250,000, on market September 2015 · MLS #SB15209148 · Source: CRMLS

Listing Agent: Brett Lyon · Listing Office: Lyon Stahl Investment RE, Inc. · Contact: 310-425-9838 · Bought with: Brett Lyon · Lyon Stahl Investment RE, Inc.

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