Property Description

We are pleased to present 1143 W 166th St, Gardena. Consisting of all 2-bed/1-bath units, this 4-unit building is situated on a large 11,221 SF lot. Each unit is 952 SF for a total living area of 3,808 SF. Two of the units have been remodeled with new cabinets, floors, and countertops. Each unit has a washer/dryer hookup in the kitchen and a 1-car garage, providing the opportunity for a potential ADU conversion (buyer to verify). The current CAP rate is 4.56% with over 35% in upside rent potential; the City of Gardena does not have any local rent control and is only subject to AB 1482. This is the lowest priced 4-unit on the market in Gardena and is an ideal opportunity for an investor or owner-user seeking growth, stability, and a hedge against inflation.