$8,050,000
Located in the City of Gardena, this turnkey 32-unit apartment community is an exceptional investment opportunity with 100% upgraded units on a massive 31,240 square foot lot. The property features an ideal unit mix of (16) two-bedroom/one-bath units and (16) one-bedroom/one-bath units, along with ample gated parking including carports and open spaces. Ownership has completed significant capital improvements throughout, providing a low-maintenance asset with immediate cash flow and long-term upside. The property also has the potential to build six (6) ADUs with plans available, creating an attractive value-add opportunity. Conveniently located within walking and biking distance of El Camino College and subject to the LA County Rent Stabilization Ordinance (RSO), this is a rare opportunity to acquire a well-maintained, high-quality multifamily investment in a strong rental market.
Listed by Pat Swanson with Pat Swanson (949) 724-5564
Property Type
Apartment
Status
Active
MLS Number
OC26161772
Year Built
1959
Lot Size
0.72 acres
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1225 W 166th, Gardena
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