Listed by Ixbalanque Garcia, DRE #02035537 • Won Suk Kim Real Estate, Inc.
$1,285,000
Est. payment /mo
0.25 Acres Lot
Price Dropped by $90K
1267 W 166th Gardena, CA 90247
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26063248
Year Built 1960
Lot Size 0.254 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Exceptional 4-unit investment opportunity located in the heart of Gardena. This well-positioned multifamily property features four vacant spacious 2-bedroom, 1-bathroom units, offering an ideal blend of income and significant upside potential. Situated on a generous lot of approximately 11,000+ sqft, the property provides ample on-site parking and a functional layout attractive to long-term tenants. With a total building size of approximately 3,740 sqft, each unit offers comfortable living spaces, making this a highly desirable asset in a strong rental market. A standout feature of this property is the potential to add up to two (2) Accessory Dwelling Units in RTI (ADUs) (buyer to verify with city), creating the opportunity to expand to a 6-unit income-producing property and significantly increase overall value. This is a true value-add opportunity for investors. Based on current market analysis, the projected after-repair value is estimated around $1,550,000. The property is being offered at $1,375,000.00, presenting approximately $100,000+ upside, with renovation costs estimated at approximately $120,000 for interior upgrades including flooring, kitchen, and bathroom improvements. Property is being sold as-is, providing investors the flexibility to execute their own vision an
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Interior
Laundry Gas Hookup, 30
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 6111006015
Special Listing Condition Not Applicable
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