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816 W 167th Street

Gardena, CA 90247
  • $950,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: SB22090083
UPDATED: 51 min ago
$950,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and John Stiegler II of ()


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 167thSt may also have ADU potential, as it sits on a large 7,951 sq ft lot (buyer to verify).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T00:34:31.163. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128268624
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816 W 167th Street Gardena, CA 90247

  • Price: $950,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 51 min ago
  • ID#: SB22090083
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1923
Built
Neighborhood:
116 - North Gateway
County:
Los Angeles
Area:
116 - North Gateway
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 167thSt may also have ADU potential, as it sits on a large 7,951 sq ft lot (buyer to verify).
Exterior Features

Lot Features 0-1 Unit/AcreBack YardFront YardLawnYard Number Of Separate Electric Meters 4 Parking Features Driveway Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.33 Common Interest None Community Features CurbsSuburban Electric Expense 800 Fuel Expense 800 Garage YN Yes Gross Income 64188 Gross Scheduled Income 64188 Insurance Expense 1026 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Maintenance Expense 2568 Net Operating Income 41110 New Construction YN No New Taxes Expense 11875 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 19869 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 800 Water Sewer Expense 800 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T00:34:31.163. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Stephen Takahashi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and John Stiegler II of ()