- N/A BR
- 0 BA
- N/A SqFt.
- 12,872 Lot
- $3,580,000
- Active
- DOM: 112
Huge value-add opportunity in a high-demand rental pocket of Gardena PO (subject to LA City rent control). Property consists of two 10-unit apartment buildings on adjacent APNs - 821 & 825 W 167th St in Gardena. Each building has excellent unit mix of 1 Single, 1 Two-Bedroom, 1 Three-Bedroom and 7 One-Bedrooms. All electric property with low utility expenses. Roof has been replaced 10 years ago ago; Soft Story on the 2 tuck under parking has been completed and it can be converted into ADUs (Buyer to verify with the City). Property has additional covered parking in the rear of the property and on-site Laundry for tenants' convenience. Currently collecting $22,272/mo in rents property has huge upside in rents. About eight units have been updated with vinyl flooring and new kitchen appliances; the rest are original. Property is first time on the market in over 30 years!
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
821 W 167th Street, Gardena, (MLS® #SB24155910)
Date | Details | Price | Change |
---|---|---|---|
First Day Active | $3,200,000 | – |
Quick Summary of 821 W 167th Street: This home in Gardena is priced at $3,200,000 . The Apartment residence was originally built in 1963 and was listed on August 2nd, 2024 at $3,200,000, showing 12 Days on Market currently. Contact Dave Fratello today for more information or to go see 821 W 167th Street.
Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 1:26pm PDT. 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.