Sold

1323 W 168th Street

Gardena CA, 90247

$1,425,000


$376.98 per sqft

Sold

9 Beds

5 Baths

3,780 sqft

Residential

Built in 1962

Listed by Jonathan Weir with Marcus & Millichap 424-405-3900

We are pleased to present 1323 West 168th Street, a 5-unit investment property in Gardena, California. The property is located between Normandie and Berendo Avenues blocks from the 110 Freeway. This area is a solid majority-renter market with low vacancy rates. 1323 West 168th Street consists of three 1 bedroom 1 bathroom (nonconforming) units and four 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

23251974

MLS ID

March 17, 2023

Listed

March 23, 2024

Updated

Map

1323 W 168th Street
Gardena CA, 90247

Interior Features

Total Stories

0


Bedrooms

9 Beds


Bathrooms

5 Baths


Appliances

Refrigerator


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.2 Acres

Other Property Details

Area Name

119 - Central Gardena


Days on Market

38


Garage

Yes


Garage Spaces

2


Parking

Carport, Garage


Parking Total

6


View

No


County

Los Angeles


Pool

No


Zoning

GAR3


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/26/2023

Price Change

$1,425,000

-9%

5/26/2023

Sold

$1,425,000

5/1/2023

Pending

4/25/2023

Under Contract

Listing Contact: 424-405-3900 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:22 AM UTC

 

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