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Listed by Larson Harley • Lyon Stahl Investment Real Estate, Inc.
$1,350,000
Est. payment /mo
3,844 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,844 sqft
Price per Sqft $351
MLS Listing ID CRSB24208251
HOA Y/N No
Year Built 1993
Lot Size 6,283 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
We are pleased to present 1110 W 163rd Street in Gardena. The property was built in 1993 by the current owners and this is the first time it's been listed for sale. The building consists of three large townhome-style units (approx. 1,300 sq ft each) with their own 2-car garage, central AC/heating, and washer/dryer. Boasting a desirable unit mix of (1) 3-bed/2.5-bath and (2) 2-bed/2.5-bath units, this well-maintained building is situated on a large 6,283 sq ft lot in a quiet residential area. Located in a desirable central Gardena location with easy freeway access, the subject property has over 60% in upside rent potential and is not subject to any local rent control (only AB 1482). This is an ideal opportunity for an owner-user to occupy one of the units and collect rental income from the other two. Additionally, investors can explore a potential TIC conversion to sell the units individually as condos - comparable condos are selling for $600,000+ (buyer to verify). REAR UNIT CAN BE DELIVERED VACANT.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Lot Description Other
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