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Tom Masterani

tom.masterani@engelvoelkers.com +1(818) 613-4478

$ 1,700,000

Est. payment -/mo

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Active

1236 W 168th ST Gardena, CA 90247

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-36465

HOA Y/N No

Year Built 1961

Property Sub-Type Multi Family

Property Description

Exceptional Investment Opportunity in Gardena, California!This fully occupied 5-unit residential income property delivers immediate cash flow with a proven track record of consistent occupancy. With rents currently below market, savvy buyers will recognize the significant upside potential to increase revenue simply by bringing units to market rate over time.The property features good on-site parking, adding everyday convenience that keeps tenants happy and retention high. Gardena's central South Bay location provides tenants easy access to major employment corridors, freeways, shopping, and dining -- making this a perennially desirable rental address.Whether you're a seasoned investor looking to expand your portfolio or a 1031 exchange buyer seeking a stabilized asset, this property checks every box -- strong income, below-market rents with room to grow, and a fully occupied unit mix that starts working for you from day one.Don't miss this rare opportunity to own a solid, income-producing asset in one of the South Bay's most sought-after rental markets!

Location

State CA

County Other

Area 120 - South Gardena

Zoning Apartment House 5+ units

Interior

Fireplace No

Appliance Dryer

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Utilities Available Overhead Utilities

Roof Type Composition

Present Use Investment,Multi-Family

Total Parking Spaces 5

Building

Lot Description Garden, Lawn, Near Public Transit

Dwelling Type Multi Family

Story 2

Water Public

Others

Tax ID 6111033002

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sherry Simpson Truth Realty (661) 588-8828, DRE #00757181

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Tom Masterani

Agent

+1(818) 613-4478

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