$1,350,000
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1110 163rd Street Gardena, CA 90247
Triplex
Residence
Beds
Baths
3,844
Sq. Ft.
0.14
Acre
Lot
Property Activity
Time on Site
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Days on Market
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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, a...nd 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.
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MLS#
SB24208251
Property Type
Triplex
Status
Year Built
1993
Square Feet
3,844
sq. ft
Lot Size
0.14
Stories
2.0
Sewer
Public Sewer
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