33
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$7,200,000
Est. payment /mo
4 Beds
4 Baths
0.61 Acres Lot
New
1225 W 166th Gardena, CA 90247
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26131058
Bedrooms 4
Lot Size 0.606 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1225 W. 166th Street presents an exceptionally rare opportunity to acquire a meticulously maintained 1980s construction apartment asset in what is widely considered the premier pocket of Gardena south of Prairie Avenue. Combining strong in-place cash flow, an ideal unit mix, extensive renovations, abundant parking, and major future upside, this is the type of generational multifamily asset that rarely trades. Constructed in 1985, the property consists of 22 oversized two-bedroom / two-bathroom units one of the most desirable and durable rental configurations in todays market. The spacious layouts, combined with the newer vintage construction, allow the asset to command premium rents while significantly reducing many of the deferred maintenance concerns commonly associated with older Southern California apartment buildings. The property offers an exceptional parking ratio featuring 22 private garages in addition to 28 on-site parking spaces an increasingly rare amenity that continues to drive tenant demand and long-term asset desirability. The current ownership has extensively renovated 15 of the 22 units, creating immediate operational strength while still leaving meaningful remaining rental upside for a new owner. The building is fully leased with a strong tenant profile and has been professionally maintained throughout ownership. What truly separates this asset from anything else currently on the market is the extraordinary ADU/additional unit potential. The property is uniquely positioned to allow for the addition of five (5) new two-bedroom / two-bathroom units witho
Location
State CA
County Los Angeles
Zoning Appraiser
Direction From the 91 Freeway, exit Vermont Ave. Go north on Vermont Ave, turn left on W 166th St. Property is on the right at 1225 W 166t
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 6111006037
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Cameron Samimi, DRE#02035763 Lyon Stahl Investment Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
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