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821 W 167th ST Save Request In-Person Tour Request Virtual Tour
Gardena,CA 90247
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 12,434 sqft
Price per Sqft $257
MLS Listing ID SB24155910
HOA Y/N No
Year Built 1963
Lot Size 0.301 Acres
Acres 0.3014
Property Description
Huge value-add opportunity in a high-demand rental pocket of Gardena PO (subject to LA City rent control). Property consists of two 10-unit apartment buildings on adjacent APNs - 821 & 825 W 167th St in Gardena. Each building has excellent unit mix of 1 Single, 1 Two-Bedroom, 1 Three-Bedroom and 7 One-Bedrooms. All electric property with low utility expenses. Roof has been replaced 10 years ago ago; Soft Story on the 2 tuck under parking has been completed and it can be converted into ADUs (Buyer to verify with the City). Property has additional covered parking in the rear of the property and on-site Laundry for tenants' convenience. Currently collecting $22,272/mo in rents property has huge upside in rents. About eight units have been updated with vinyl flooring and new kitchen appliances; the rest are original. Property is first time on the market in over 30 years!
Location
State CA
County Los Angeles
Area 116 - North Gateway
Zoning LAR3
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Covered
Garage Spaces 4.0
Carport Spaces 10
Garage Description 4.0
Pool None
Community Features Street Lights,Sidewalks,Urban
Utilities Available Sewer Available
Parking Type Covered
Total Parking Spaces 14
Private Pool No
Building
Lot Description Near Public Transit,Rectangular Lot,Walkstreet
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6121007024
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard