Gardena, CA 90247,1216 W 166th Street
Gardena, CA 90247,1216 W 166th Street
Gardena, CA 90247,1216 W 166th Street
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$999,000
Est. payment /mo
7 Beds
4 Baths
0.28 Acres Lot
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UPDATED:

11/06/2024 02:54 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24189904

Bedrooms 7

HOA Y/N No

Lot Size 0.283 Acres

Property Description

Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units were built in the 1950's and are 2 bed +1 bath each. 3 Separate power and gas meters. Each Unit has a nice fenced in yard. Lots of potential to add Sqft to existing units or build to 2 new ADUs for additional market rate income. Or for the long term investor with a vision, this could be a land play for a multi unit build out. Street has a range of duplexes to multi-unit apartment buildings to 4-6 unit townhouse style condominiums. All 3 units are currently tenant occupied. Please do not disturb the occupants, Call for more information. A Walk Through date will be scheduled, subject to written offers.
Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units were built in the 1950's and are 2 bed +1 bath each. 3 Separate power and gas meters. Each Unit has a nice fenced in yard. Lots of potential to add Sqft to existing units or build to 2 new ADUs for additional market rate income. Or for the long term investor with a vision, this could be a land play for a multi unit build out. Street has a range of duplexes to multi-unit apartment buildings to 4-6 unit townhouse style condominiums. All 3 units are currently tenant occupied. Please do not disturb the occupants, Call for more information. A Walk Through date will be scheduled, subject to written offers.

Location

State CA

County Los Angeles

Area Gardena (90247)

Zoning See Remark

Interior

Cooling Wall/Window, Other/Remarks

Appliance Other/Remarks

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $75

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,696

Listing Terms Cash, Conventional, Exchange


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San Diego Regional MLS (SDMLS)
Listed by NON LISTED AGENT • Engel & Volkers Pasadena

Jason Cassity

Agent | License ID: 01928236

+1(619) 800-6178

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1216 W 166th Street