1110 W 163rd Street, Gardena, CA 90247

$1,272,320

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Sold Price
$1,272,320
List Price
$1,350,000
Closing Date
Aug 27, 2025
Status
CLOSED
MLS#
SB24208251
Year Built
1993
Lot Size
6,283
Acres
0.14
Lot Location
Lawn, Rectangular Lot
Days on Market
79
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

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.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$65,540
Operating Expense
26559

Listing courtesy of Listing Agent: Larson Harley (larson@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Listing sold by Larry Medler Jr from BerkshireHathaway HomeServices

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Calculator source: Real Geeks

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.