Listing by: Varouge Mesrobian, Engel & Volkers Pasadena, 925-818-6759

7 Beds

4 Baths

3,037 SqFt

Active

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.

Property Details
Price $999,000
Bedrooms 7
Full Baths 4
Total Baths 4
Property Style Bungalow,See Remarks
Lot Size Area 12306
Lot Size Area Units Square Feet
Acres 0.2825
Property Type Residential
Sub type Triplex
MLS Sub type Triplex
Stories 1
Features Granite Counters,Tile Counters
Year Built 1956
View Neighborhood
Roof Composition,Shingle
Heating See Remarks,Wall Furnace
Foundation Raised,See Remarks,Slab
Lot Description Front Yard,Level with Street,Lot 10000-19999 Sqft,Rectangular Lot,Level,Yard
Laundry Features See Remarks
Pool features None
Parking Description Driveway,Concrete,Driveway Level,Garage,Garage Faces Front,Off Street,On Site,RV Potential,See Remarks
Parking Spaces 2
Garage spaces 2
Association Fee 0
Geographic Data
Directions Betweem Normandie and Vermont, South of Gardena Blvd
County Los Angeles
Latitude 33.879803
Longitude -118.295678
Market Area 119 - Central Gardena
Address Information
Address 1216 W 166th Street, Gardena, CA 90247
Postal Code 90247
City Gardena
State CA
Country United States
Listing Information
Listing Office Engel & Volkers Pasadena
Listing Agent Varouge Mesrobian
Listing Agent Phone 925-818-6759
Attribution Contact 925-818-6759
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
School Information
District Los Angeles Unified
MLS Information
Days on market 56
MLS Status Active
Listing Date Sep 10, 2024
Listing Last Modified Nov 5, 2024
Tax ID 6111010001
MLS Area 119 - Central Gardena
MLS # SR24188369

This information is believed to be accurate, but without any warranty.
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