1338 W 163rd ST, Gardena, CA 90247 – SB24208018 - Lenny LaRocca

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Lenny LaRocca

lenny@laroccarealestate.com +1(310) 698-6444

$1,400,000

Est. payment - /mo

6,747 Sqft Lot

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UPDATED:

10/31/2024 11:12 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB24208018

HOA Y/N No

Year Built 1994

Lot Size 6,747 Sqft

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).

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Zoning GAR3

Interior

Interior Features Balcony

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

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6113014004

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc. • 949-933-1112

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Lenny LaRocca

+1(310) 698-6444

Global Real Estate Advisors | License ID: 01401046/01715774

Global Real Estate Advisors License ID: 01401046/01715774

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