1267 W 166thGardena, CA 90247

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.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1960

Stories

1

Building area

3,740 Sq Ft

Lot size

0.25 acres

Garage spaces

4

Parking spaces

4

Days on market

200

MLS^® Listing#

DW26063248

Property Features

Pool

None

Laundry

Washer Hookup · Gas Dryer Hookup

Community

Street Lights

Sewer

Public Sewer

Water source

Public

Parcel number

6111006015

Directions

Take Normandie to 166th St.