1338 W 163rd Street Pending

Gardena,CA 90247

$ 1400000

7 Beds

0 Bath

4198 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,198 sqft

Price per Sqft $333

MLS Listing ID CRSB24208018

Bedrooms 7

HOA Y/N No

Year Built 1994

Lot Size 6,747 Sqft

Acres 0.15

Property Description

We are pleased to present 1338 W 163rd Street in Gardena. The property was built in 1994 by the current owners and this is the first time it's been listed for sale. The building consists of three large townhome-style units (approx. 1,400 sq ft each) with their own 2-car garage, private balcony, central AC/heating, and washer/dryer. Boasting a desirable unit mix of (1) 3-bed/2.5-bath and (2) 2-bed/2.5-bath units, the building has been well-maintained and includes a new roof with warranty. Located in a desirable central Gardena location with easy freeway access, the subject property has over 50% in upside rent potential and is not subject to any local rent control (only AB 1482). This is an ideal opportunity for an owner-user to occupy one of the units and collect rental income from the other two. Additionally, investors can explore a potential TIC conversion to sell the units individually as condos - comparable condos are selling for $600,000+ (buyer to verify).

Location

State CA

County Los Angeles

Area Listing

Zoning GAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Gas Dryer Hookup,Other

Exterior

Total Parking Spaces 6

Building

Lot Description Other

New Construction No

Others

Tax ID 6113014004

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