1338 W 163rd Street, Gardena, CA 90247
- $1,375,000
- Sold Price
- $1,375,000
- List Price
- $1,400,000
- Closing Date
- Jan 03, 2025
- Status
- CLOSED
- MLS#
- SB24208018
- Year Built
- 1994
- Lot Size
- 6,747
- Acres
- 0.15
- Lot Location
- Lawn
- Days on Market
- 13
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
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).
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $70,860
- Operating Expense
- 26665
Listing courtesy of Listing Agent: Larson Harley (larson@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Larson Harley from Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.