1338 W 163Rd Street

Gardena, CA 90247

$1,400,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1994

calendar_month Built

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).

Listing Information

List Price $1,400,000
Status Active
MLS SB24208018
Type Residential Income
Subtype Triplex
Year Built 1994
Lot Size 6,747
Structure Size N/A
DOM 1
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Larson Harley DRE#02045736

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Additional Information
Additional Features Balcony
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Larson Harley, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 8th, 2024 at 11:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.