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32761350
31331972

1267 W 166th, Gardena, CA 90247

Won Suk Kim Real Estate, Inc.
Listed by Won Suk Kim Real Estate, Inc.
$1,285,000
73 days on market
Updated 16 days ago

1267 W 166th

Details
APN 6111006015
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 2
Acreage 0.254
Zoning Assessor

Multifamily | 4 Units

Marketing description

Exceptional 4-unit investment opportunity located in the heart of Gardena. This well-positioned multifamily property features four vacant spacious 2-bedroom, 1-bathroom units, offering an ideal blend of income and significant upside potential. Situated on a generous lot of approximately 11,000+ sqft, the property provides ample on-site parking and a functional layout attractive to long-term tenants. With a total building size of approximately 3,740 sqft, each unit offers comfortable living spaces, making this a highly desirable asset in a strong rental market. A standout feature of this property is the potential to add up to two (2) Accessory Dwelling Units in RTI (ADUs) (buyer to verify with city), creating the opportunity to expand to a 6-unit income-producing property and significantly increase overall value. This is a true value-add opportunity for investors. Based on current market analysis, the projected after-repair value is estimated around $1,550,000. The property is being offered at $1,375,000.00, presenting approximately $100,000+ upside, with renovation costs estimated at approximately $120,000 for interior upgrades including flooring, kitchen, and bathroom improvements. Property is being sold as-is, providing investors the flexibility to execute their own vision and maximize returns. With strong rental demand in Gardena and proximity to major freeways and employment hubs, as well as neighboring cities such as Torrance and Los Angeles, this asset is well-positioned for long-term appreciation and stable cash flow. Perfect for seasoned investors.
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Won Suk Kim Real Estate, Inc.
Listed by Won Suk Kim Real Estate, Inc.

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