819 W 165th Pl

    Gardena, CA 90247
    • $1,497,500
    • STATUS: Active
    • ON SITE: 174 days
    • ID#: SB17200494
    UPDATED: 40 min ago
    $1,497,500
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,296
      SQFT
    • $238
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    *Sold together with adjacent building at 825 W 165th Pl for a total of $3,250,000.* Two 8-Unit Apartment Buildings located in the heart of Gardena. These side-by-side properties have a unit mix of (2) 2-Bed/2-Bath, (10) 2-Bed/1-Bath and (4) 1-Bed/1-Bath Units. The entire property is gated for additional privacy and also features on-site laundry facilities adjacent to each building. The property is subject to rent control with great in place income and potential for additional rent growth! With a 4.58% CAP and 13.37 GRM, this is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-an-coming cities in the South Bay.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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.
    www.inlandempiresold.com/homes/76349156

    819 W 165th Pl Gardena, CA 90247

    • Price: $1,497,500
    • Status: Active
    • Updated: 40 min ago
    • ID#: SB17200494
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,296
    SQFT
    $238
    $/SQFT
    1963
    Built
    Neighborhood:
    116 - North Gateway
    County:
    Los Angeles
    Area:
    116 - North Gateway
    Property Description
    *Sold together with adjacent building at 825 W 165th Pl for a total of $3,250,000.* Two 8-Unit Apartment Buildings located in the heart of Gardena. These side-by-side properties have a unit mix of (2) 2-Bed/2-Bath, (10) 2-Bed/1-Bath and (4) 1-Bed/1-Bath Units. The entire property is gated for additional privacy and also features on-site laundry facilities adjacent to each building. The property is subject to rent control with great in place income and potential for additional rent growth! With a 4.58% CAP and 13.37 GRM, this is a perfect investment opportunity for anyone looking to maximize cash flow and acquire assets in one of the up-an-coming cities in the South Bay.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 0.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features In Carport

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.02 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 141709.00 Gross Multiplier 12.17 Gross Scheduled Income 141709.00 Insurance Expense 2204.00 Land Lease YN No Laundry YN Yes Net Operating Income 86485.00 New Taxes Expense 2240.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 48032.00 Professional Management Expense 8503.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 48032.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Brett Lyon of Lyon Stahl Investment Real Estate, Inc. and J.Woody Stahl of Lyon Stahl Investment Real Estate, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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.
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