Gardena, CA 90247,1110 W 163rd ST
Gardena, CA 90247,1110 W 163rd ST
Gardena, CA 90247,1110 W 163rd ST
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$1,350,000
Est. payment /mo
6,281 Sqft Lot
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UPDATED:

10/10/2024 02:13 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24208251

HOA Y/N No

Year Built 1993

Lot Size 6,281 Sqft

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).

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Zoning GAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Lawn, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6113019038

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112

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Adrian Castillo

+1(209) 380-7597

Principal/Realtor | CA DRE#01308935

Principal/Realtor CA DRE#01308935

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1110 W 163rd ST