$1,437,500
$1,497,500
4.0%For more information regarding the value of a property, please contact us for a free consultation.
819 W 165th Pl Gardena, CA 90247
6,599 Sqft Lot
Key Details
Sold Price $1,437,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB17200494
Sold Date 07/11/18
HOA Y/N No
Year Built 1963
Lot Size 6,599 Sqft
Property Description
*Sold together with adjacent building at 825 W 165th Pl for a total of $3,250,000.* Two 8-Unit Apartment Buildings located in the heart of Gardena. These side-by-side properties have a unit mix of (2) 2-Bed/2-Bath, (10) 2-Bed/1-Bath and (4) 1-Bed/1-Bath Units. The entire property is gated for additional privacy and also features on-site laundry facilities adjacent to each building. The property is subject to rent control with great in place income and potential for additional rent growth! With a 4.58% CAP and 13.37 GRM, this is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-an-coming cities in the South Bay.
Location
State CA
County Los Angeles
Area 116 - North Gateway
Interior
Fireplace No
Laundry In Carport
Exterior
Carport Spaces 4
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6121007026
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with William Mulkey • TR Wealth Management Inc.