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Address
816 W 167th Street, Gardena, CA
Price
$ 935,000
Property Attributes
  • MLS#SB22090083
  • TypeIncome
  • CountyLOS ANGELES
  • CityGardena
  • AreaNorth Gateway
  • Zip90247
  • Style
  • Price$ 935,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2932
  • Lot Size7,951 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

816 167th St in Gardena is an easy to manage 4-plex consisting of three (3) large 1-Bedroom/1-Bathroom (each over 700 sq ft) and one (1) 2-bedroom/1-Bathroom units.  The subject property is already operating above a 4% CAP rate and offers over 10% upside bringing the CAP rate and GRM to 5.71% and 12.18 respectively.  The property is perfectly situated for commuters because of its close proximity to the 110, 91, and 405 freeways. 816 167th St may also have ADU potential, as it sits on a large 7,951 sq ft lot (buyer to verify).

Price History
5/2/2022 Listed $950,000
7/7/2022 2% - $935,000

General Features

Co-Listing Agent State License # 01981597
Community Features Curbs, Suburban
Finance Cash, Cash to New Loan, Conventional, 1031 Exchange
Garage Spaces, Detached Garage 2
Garage Y/N Yes
Listing Agent Stephen Takahashi - BRE#01944770
Listing Agent State License 01944770
Lot Size Square Feet 7951
MLS Area 116 - North Gateway
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Taxes 11875
Total Units 4
Water Sewer Expense 800
Zoning LAR2

Interior Features

Common Walls 2+ Common Walls
Laundry Features See Remarks

Exterior Features

Lot Features 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Yard
Lot Size Acres 0.1825
Lot Size Area 7951
Lot Size Source Public Records
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Parking Features Driveway
Total Parking 2
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90247

Price
AVG $1.92M
$940K
Visits
AVG 63
59
Year Built
AVG 1942
1923
Walkscore
AVG 78
81
Data Provided by Walkscore ® not using MLS data

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