1216 W 166th Street, Gardena CA, 90247

Pending

1216 W 166th Street

Gardena CA, 90247

$999,000

$328.94 per sqft

Pending

3,037 sqft

Multi-family

Built in 1956

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

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 were built in the 1950's and 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.

SR24189904

MLSⓇ ID

September 12, 2024

Listed

December 31, 2024

Updated

Map

1216 W 166th Street
Gardena CA, 90247

Interior Features

Total Stories: 1
Interior Features: Granite Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level
Laundry Description: Inside, See Remarks
Floor Description: See Remarks, Tile, Wood
Fireplace: No
Fireplace Description: None
Cooling: Yes
Cooling Description: See Remarks, Wall/Window Unit(s)
Heating: Yes
Heating Description: See Remarks, Wall Furnace

Exterior/Building Features

Lot Size: 0.28 Acres
Lot Features: Back Yard, Front Yard, Level, Rectangular Lot, Street Level, Yard
Architectual Style: Bungalow, See Remarks
Roof: Composition, Shingle
Sewer: Public Sewer

Other Property Details

Area Name: 119 - Central Gardena
Days on Market: 75
Garage: Yes
Garage Spaces: 2
Parking: Concrete, Driveway Level, Driveway, Garage Faces Front, Garage, On Site, Off Street, RV Potential, See Remarks
Parking Total: 5
View: Yes
View Description: Neighborhood
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: GAR3

Listing History

Date	Event	Price
12/31/2024	Pending	—
12/6/2024	Under contract	—
10/9/2024	Price change	$999,000 -17%

Listing Contact: 626-584-0101

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/31/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/31/2024 at 4:11 AM UTC