9
See all 9 photos
$900,000
Est. payment /mo
6 Beds
3 Baths
2,597 SqFt
New
1148 W 166th ST Gardena, CA 90247
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,597 sqft
Price per Sqft $346
MLS Listing ID 26832397
Bedrooms 6
HOA Y/N No
Year Built 1956
Lot Size 9,404 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Covered
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6111009033
Special Listing Condition Standard
Listed by Marcus & Millichap #02038545
NEARBY SCHOOL & BUSINESS
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