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1143 W 166th Street

Gardena, 90247

0 Bd
0 Ba
11,222 Lot
$1,180,000 SOLD Price | Closed 6/23/23
Closed Status
13 Days on Market
Apr 25 First Day Active
$1,175,000 Start Price

Description

We are pleased to present 1143 W 166th St, Gardena. Consisting of all 2-bed/1-bath units, this 4-unit building is situated on a large 11,221 SF lot. Each unit is 952 SF for a total living area of 3,808 SF. Two of the units have been remodeled with new cabinets, floors, and countertops. Each unit has a washer/dryer hookup in the kitchen and a 1-car garage, providing the opportunity for a potential ADU conversion (buyer to verify). The current CAP rate is 4.56% with over 35% in upside rent potential; the City of Gardena does not have any local rent control and is only subject to AB 1482. This is the lowest priced 4-unit on the market in Gardena and is an ideal opportunity for an investor or owner-user seeking growth, stability, and a hedge against inflation.

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Property Details for 1143 W 166th Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Larson Harley
Listing Brokered By
Lyon Stahl Investment Real Estate, Inc.
Type
Residential Income, Quadruplex
Year Built
1960 (Assessor)
MLS Area
119 - Central Gardena

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
13 DOM
Combined DOM*
13
First Date Active
April 25th, 2023
Closing Date
June 23rd, 2023
Sold Price
$1,180,000
Orig. List Price
$1,175,000
MLS® #
SB23069584
APN
6111005009
Special
Standard

Home Interior Information

Levels/Stories
One

Room Information

Laundry
WasherHookup, GasDryerHookup

Exterior Information

Lot Size (sq. ft.)
11,222
Lot Size (acres)
0.26
Pool
None
Parking Spaces
4
Garage Spaces
4

Utilities Information

Water Source
Public

Additional Information

Zoning
GAR3
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
119 - Central Gardena
City/State
Gardena
Zip Code
90247
County
Los Angeles
# of Units
4
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Listing/Price History

1143 W 166th Street, Gardena, (MLS® #SB23069584)

Date Details Price Change
Closed $1,180,000
Pending (from Active)
First Day Active $1,175,000
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Listing Summary

Quick Summary of 1143 W 166th Street: This home in Gardena is priced at $1,175,000 . The Quadruplex residence was originally built in 1960 and was listed on April 25th, 2023 at $1,175,000, showing 13 Days on Market currently. Contact Dave Fratello today for more information or to go see 1143 W 166th Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2024 at 2:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.