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$999,000

Est. payment - /mo

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7 BD

4 BA

0.28 Acres Lot

Price Dropped by $200K

1216 W 166th ST Gardena, CA 90247

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/27/2024 09:38 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24188369

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1956

Lot Size 0.282 Acres

Property Description

Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units built in the 1950's are 2 bed +1 bath each. 3 Separate power and gas meters. Each Unit has a nice fenced in yard. Lots of potential to add Sqft to existing units or build to 2 new ADUs for additional market rate income. Or for the long term investor with a vision, this could be a land play for a multi unit build out. Street has a range of duplexes to multi-unit apartment buildings to 4-6 unit townhouse style condominiums. All 3 units are currently tenant occupied. Please do not disturb the occupants, Call for more information. A Walk Through date will be scheduled, subject to written offers.

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Zoning GAR3

Rooms

Other Rooms Shed(s), Storage

Main Level Bedrooms 7

Ensuite Laundry See Remarks

Interior

Interior Features Eat-in Kitchen, Granite Counters, See Remarks, Tile Counters, All Bedrooms Down, Bedroom on Main Level

Laundry Location See Remarks

Heating See Remarks, Wall Furnace

Cooling See Remarks

Flooring See Remarks, Tile, Wood

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Garage Concrete, Driveway Level, Driveway, Garage Faces Front, Garage, On Site, Off Street, RV Potential, See Remarks

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition,Shingle

Porch Concrete, Covered, Front Porch

Parking Type Concrete, Driveway Level, Driveway, Garage Faces Front, Garage, On Site, Off Street, RV Potential, See Remarks

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard, Level, Rectangular Lot, Street Level, Yard

Dwelling Type Triplex

Story 1

Entry Level One

Foundation Raised, Slab, See Remarks

Sewer Public Sewer

Water Public

Architectural Style Bungalow, See Remarks

Level or Stories One

Additional Building Shed(s), Storage

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6111010001

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

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

Special Listing Condition Standard

Listed by Varouge Mesrobian • Engel & Volkers Pasadena • 925-818-6759

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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