808 W 163rd, Gardena, CA 90247

$1,425,000

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List Price
$1,425,000
Price Change
▼ $74,000 1772186062
Status
ACTIVE
MLS#
PW25282014
Year Built
1956
Lot Size
6,878
Acres
0.16
Lot Location
6-10 Units/Acre
Days on Market
196
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

This prime 6-unit multifamily property consists entirely of 6- one-bedroom/ one-bathroom units and one ADU consisting of 400 additional Sq. Ft. , offering a highly desirable and strong rental market. The property is individually metered for gas and electricity & with separate hot water heaters helping keep expenses down for owners. Tenants pay utilities. 3 parking spaces in back of property plus tons of street parking. Situated near the 405 and 110 freeways, this asset benefits from excellent commuter access and strong tenant demand. The building presents significant upside potential through rental growth and possible remodels, making it an ideal acquisition for an investor seeking a value add opportunity. A rare opportunity to acquire a well positioned multifamily asset in a strong rental market!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$129,005
Operating Expense
45152

Listing courtesy of Listing Agent: Kristina Moore (kristinamooreproperties@gmail.com) from Listing Office: The Moore Group.

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Calculator source: Real Geeks

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.