1323 W 168th St, Gardena, CA 90247

$1,425,000
9
BD
5
BA
3,780
SqFt
Sold Price
$1,425,000
List Price
$1,550,000
Closing Date
May 26, 2023
MLS#
23-251974
Status
SOLD
Type
Multifamily
Bedrooms
9
Bathrooms
5
Living Area
3,780

Property Description

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.

Additional Information

Year Built
1962
Garage
Carport, Garage

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Jonathan Weir. Selling Office: .

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