Active
1110 W 163rd Street
Gardena CA, 90247
$1,350,000
$351.20 per sqft
Active
3,844 sqft
Multi-family
Built in 1993
Listed by Larson Harley with Lyon Stahl Investment Real Estate, Inc. 949-933-1112
We are pleased to present 1110 W 163rd Street in Gardena. The property was built in 1993 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. 1,300 sq ft each) with their own 2-car garage, 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, this well-maintained building is situated on a large 6,283 sq ft lot in a quiet residential area. Located in a desirable central Gardena location with easy freeway access, the subject property has over 60% 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). REAR UNIT CAN BE DELIVERED VACANT.
SB24208251
MLSⓇ ID
October 7, 2024
Listed
December 23, 2024
Updated
Map
1110 W 163rd Street
Gardena CA, 90247
Interior Features
Total Stories
2
Laundry Description
Washer Hookup, Gas Dryer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Lawn, Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
119 - Central Gardena
Days on Market
45
Garage
Yes
Garage Spaces
6
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
GAR3
Listing Contact: 310-425-9838
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Data last updated on 12/23/2024 at 10:18 PM UTC