Property Details
About this Property
Huge value-add opportunity in a high-demand rental pocket of Gardena PO (subject to LA City rent control). Property consists of two 10-unit apartment buildings on adjacent APNs - 821 & 825 W 167th St in Gardena. Each building has excellent unit mix of 1 Single, 1 Two-Bedroom, 1 Three-Bedroom and 7 One-Bedrooms. All electric property with low utility expenses. Roof has been replaced 10 years ago ago; Soft Story on the 2 tuck under parking has been completed and it can be converted into ADUs (Buyer to verify with the City). Property has additional covered parking in the rear of the property and on-site Laundry for tenants' convenience. Currently collecting $22,272/mo in rents property has huge upside in rents. About eight units have been updated with vinyl flooring and new kitchen appliances; the rest are original. Property is first time on the market in over 30 years!
MLS Listing Information
MLS #
CRSB24155910
MLS Source
California Regional MLS
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 4 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 20 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
821 W 167th St is a Residential Income in Gardena, CA 90247. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1963. This address can also be written as 821 W 167th St, Gardena, CA 90247.
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This listing information is up-to-date as of November 02, 2024. For the most current information, please contact Olga Wright, (310) 606-2076
