1316 W 166th St - Apartments FOR SALE


Gardena, CA 90247
$1,798,000 USD
310-880-2900
1316 W 166th St, Gardena, CA for Sale
$1,798,000 USD
Apartments - FOR SALE
1/3
null | 4.69% Cap Rate

1316 W 166th St
Gardena, CA 90247


HIGHLIGHTS

  • All Townhouse-Style with 2-Car Garages
  • Significant Rental Upside
  • Tenants Pay All Utilities
  • Washer/Dryer Hookups in Each Garage
  • Forced Air Heating
  • Individual Water Heaters

OVERVIEW

Prime Investment Opportunity: 7-Unit Townhome Style Complex. This multifamily property features seven spacious one-bedroom townhome style units. Each with al multi-level layout that feels more like a private residence than a traditional apartment. Each of the 7-units offers an spacious floor plan with a private patio. Every unit pays for its own utilities: electric, water, and gas. In addition, each unit has a 2-car garage with direct interior access. Units come equipped with individual water heaters, forced-air heating, and dedicated washer/dryer hookups in each garage. Situated in a central Gardena neighborhood with easy access to the 110, 405, and 91 freeways, making it a commuter’s dream for those working in the South Bay, DTLA, or Silicon Beach. Minutes away from Gardena’s dining scene, shopping centers, and local parks. Located in a high-demand rental market known for low vacancy rates.

FOR SALE DETAILS

PRICE

$1,798,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

7

PRICE/UNIT

$256,857

CAP RATE

4.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,639 SF

ZONING

GAR3

APN/PARCEL ID

6111-010-047

ASK ABOUT THIS PROPERTY

Mike McKinneyLyon Stahl Investment Real EstateMore Info
310-880-2900

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Mike McKinneyLyon Stahl Investment Real EstateMore Info
310-880-2900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.