1236 W 168th Street, Gardena, CA 90247
- $1,550,000
- List Price
- $1,550,000
- Price Change
- ▼ $150,000 1783071983
- Status
- ACTIVE
- MLS#
- V1-36465
- Year Built
- 1961
- Lot Location
- Garden, Lawn, Near Public Transit
- Days on Market
- 74
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
Exceptional Investment Opportunity in Gardena, California!This fully occupied 5-unit residential income property delivers immediate cash flow with a proven track record of consistent occupancy. With rents currently below market, savvy buyers will recognize the significant upside potential to increase revenue simply by bringing units to market rate over time.The property features good on-site parking, adding everyday convenience that keeps tenants happy and retention high. Gardena's central South Bay location provides tenants easy access to major employment corridors, freeways, shopping, and dining -- making this a perennially desirable rental address.Whether you're a seasoned investor looking to expand your portfolio or a 1031 exchange buyer seeking a stabilized asset, this property checks every box -- strong income, below-market rents with room to grow, and a fully occupied unit mix that starts working for you from day one.Don't miss this rare opportunity to own a solid, income-producing asset in one of the South Bay's most sought-after rental markets!
Additional Information
- Appliances
- Dryer
- Cooling
- Yes
- Roof
- Composition
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Sherry Simpson (sherryssimpson@realtor.com) from Listing Office: Truth Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.