1127 W 164th Street, Gardena, CA 90247

$1,595,000
8
BD
6
BA
3,527
SqFt

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List Price
$1,595,000
Status
ACTIVE
MLS#
26844525
Year Built
1962
Bedrooms
8
Bathrooms
6
Living Sq. Ft
3,527
Lot Size
6,315
Acres
0.15
Days on Market
50
Property Type
Multifamily
Stories
Two Levels

Property Description

Highly Desirable Gardena Location: Well-positioned asset located south of Redondo Beach Boulevard. Attractive Unit Mix: Unit composition consisting of (1) 3-bedroom/2-bathroom townhouse unit, (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit and (1) studio/1-bathroom unit. Strong In-Place Income & Financials: 5.63% current cap rate and 12.20 GRM with a projected 6.64% cap rate and 10.82 GRM, offering both stable income and growth. Ample Garage Parking: Total of 5 garage spaces. Strong Retail & Lifestyle Amenities: Ideally situated near Pacific Square Shopping Center and Artesia Boulevard, offering tenants convenient access to a variety of retail, dining, and entertainment options. Stable South Bay Investment: Excellent opportunity to acquire a well-located multifamily asset in the South Bay with strong current returns and long-term appreciation potential.

Additional Information

Appliances
Dryer, Washer
Garage Spaces Total
5
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Jonathan Nikfarjam (jonathan@shieldcre.com) from Listing Office: Shield CRE, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.