819 & 825 W 165th Pl Gardena, CA 90247

819 & 825 W 165th Pl Gardena, CA 90247

Gardena, CA

Property Description

*Sold together with adjacent building at 825 W 165th Pl for a total of $3,250,000.* Two 8-Unit Apartment Buildings located in the heart of Gardena. These side-by-side properties have a unit mix of (2) 2-Bed/2-Bath, (10) 2-Bed/1-Bath and (4) 1-Bed/1-Bath Units. The entire property is gated for additional privacy and also features on-site laundry facilities adjacent to each building. The property is subject to rent control with great in place income and potential for additional rent growth! With a 4.58% CAP and 13.37 GRM, this is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-an-coming cities in the South Bay.

Property Features

  • Sale Price: $2,100,000
  • Area Size: 6296 SF
  • Land Area: 6599 SF
  • Year Built: 1963
  • Closing Date: 7/11/2018

Lyon Stahl Investment Real Estate

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