1216 W 166th Street

Gardena, CA 90247
$999,000
0.28 acres | #SR24189904
Courtesy of Engel & Volkers Pasadena

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.

  • Property Details
      • Interior:GraniteCounters, TileCounters, AllBedroomsDown, BedroomOnMainLevel
      • View:Neighborhood
      • Stories:1
      • Lot description:BackYard, FrontYard, Level, RectangularLot, StreetLevel, Yard
      • Acres:0.2825
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1956
      • Foundation:Raised, Slab, SeeRemarks
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • County:Los Angeles
      • Original List Price:$1, 199, 900
      • MLS #:SR24189904
      • Cost:999000
      • Property subtype:Triplex
      • MLS #:SR24189904

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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