$1,425,000
$1,550,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
3,780 SqFt
SOLD DATE : 05/26/2023
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,780 sqft
Price per Sqft $376
MLS Listing ID 23251974
Sold Date 05/26/23
Bedrooms 9
HOA Y/N No
Year Built 1962
Lot Size 8,690 Sqft
Acres 0.1995
Property Description
We are pleased to present 1323 West 168th Street, a 5-unit investment property in Gardena, California. The property is located between Normandie and Berendo Avenues blocks from the 110 Freeway. This area is a solid majority-renter market with low vacancy rates. 1323 West 168th Street consists of three 1 bedroom 1 bathroom (nonconforming) units and four 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Garage Carport, Garage
Garage Spaces 2.0
Carport Spaces 4
Garage Description 2.0
Parking Type Carport, Garage
Total Parking Spaces 6
Building
New Construction No
Others
Senior Community No
Tax ID 6111010044
Special Listing Condition Standard
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Bought with Jonathan Weir • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "