Gardena, CA 90247,1338 W 163rd Street
Gardena, CA 90247,1338 W 163rd Street
Gardena, CA 90247,1338 W 163rd Street
$1,375,000
Est. payment /mo
$1,400,000
1.8%
Est.Price: ?

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7 Beds
9 Baths
6,747 Sqft Lot
SOLD DATE : 01/03/2025

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24208018

Sold Date 01/03/25

Bedrooms 7

HOA Y/N No

Lot Size 6,747 Sqft

Property Description

We are pleased to present 1338 W 163rd Street in Gardena. The property was built in 1994 by the current owners and this is the first time it's been listed for sale. The building consists of three large townhome-style units (approx. 1,400 sq ft each) with their own 2-car garage, private balcony, central AC/heating, and washer/dryer. Boasting a desirable unit mix of (1) 3-bed/2.5-bath and (2) 2-bed/2.5-bath units, the building has been well-maintained and includes a new roof with warranty. Located in a desirable central Gardena location with easy freeway access, the subject property has over 50% in upside rent potential and is not subject to any local rent control (only AB 1482). This is an ideal opportunity for an owner-user to occupy one of the units and collect rental income from the other two. Additionally, investors can explore a potential TIC conversion to sell the units individually as condos - comparable condos are selling for $600,000+ (buyer to verify).
We are pleased to present 1338 W 163rd Street in Gardena. The property was built in 1994 by the current owners and this is the first time it's been listed for sale. The building consists of three large townhome-style units (approx. 1,400 sq ft each) with their own 2-car garage, private balcony, central AC/heating, and washer/dryer. Boasting a desirable unit mix of (1) 3-bed/2.5-bath and (2) 2-bed/2.5-bath units, the building has been well-maintained and includes a new roof with warranty. Located in a desirable central Gardena location with easy freeway access, the subject property has over 50% in upside rent potential and is not subject to any local rent control (only AB 1482). This is an ideal opportunity for an owner-user to occupy one of the units and collect rental income from the other two. Additionally, investors can explore a potential TIC conversion to sell the units individually as condos - comparable condos are selling for $600,000+ (buyer to verify).

Location

State CA

County Los Angeles

Area Gardena (90247)

Zoning Builder

Interior

Cooling Central Forced Air

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $73

Space Rent $2,120

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
Bought with Larson Harley • Lyon Stahl Investment Real Estate, Inc.

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agent

Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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