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.
Property Details
Price:
$1,350,000
MLS #:
SB24208251
Status:
Pending
Baths:
0
Address:
1110 W 163rd Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
119centralgardena
City:
Gardena
Listed Date:
Oct 7, 2024
State:
CA
ZIP:
90247
Lot Size:
6,283 sqft / 0.14 acres (approx)
Year Built:
1993
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Community Features
Sidewalks
Garage Spaces
6.00
Lot Features
Lawn, Rectangular Lot
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1110 W 163rd Street Gardena CA
- Area119 – Central Gardena
- CityGardena
- CountyLos Angeles
- Zip Code90247
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1110 W 163rd Street
Gardena, CA
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