1216 West 166th Street, Gardena, CA 90247
1216 West 166th Street, Gardena, CA 90247
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 built in the 1950's 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.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 1 active · 0 closed
Gardena · Triplex
Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1541 224th Street | Torrance | 1961 | 6 | 3 | 2,558 | 7,202 | $352 | $899,888 | 132 | 65 |
| Total: 1 · Average | 6.0 | 3.0 | 2,558 | 7,202 | $352 | $899,888 | 132 | |||
| Median | 2,558 | $899,888 | ||||||||
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.