Property Back to Market Report Property

1148 W 166th St, Gardena, CA 90247

$900,000
6
BD
3
BA
2,597
SqFt
Property Back to Market Report Property
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Sold Price
$900,000
List Price
$900,000
Closing Date
Aug 04, 2026
MLS#
26832397
Year Built
1956
Bedrooms
6
Bathrooms
3
Living Sq. Ft
2,597
Lot Size
9,406
Days on Market
77
Property Type
Multifamily
Stories
1
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Property Description

FULLY OCCUPIED PROPERTY. DELIVERED FULLY OCCUPIED. DRIVE-BY ONLY! Submit offer subject to interior inspection! We are pleased to present 1148 W 166th St in Gardena, a compelling 4-unit investment opportunity offering significant upside and long-term growth potential. The property features a standalone 3-bedroom, 1-bathroom front house, providing strong owner-user appeal or the ability to capture premium rental income, a key differentiator from typical multifamily assets. The investment is highlighted by a 48% rental upside, presenting a clear mark-to-market opportunity for investors to substantially increase income and overall returns. Coupled with its strong value-add potential, the property is well-suited for repositioning through interior and exterior improvements to maximize rental performance. Additionally, the property offers ADU development potential under SB1211, allowing for the possibility to build up to 4 additional units (buyer to verify), creating a clear path to increased density and enhanced long-term value. Priced as the lowest 4-unit property currently available in the city of Gardena, the offering is strategically positioned to attract strong investor interest while delivering both immediate upside and future development potential.

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Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
Number of Cars in Garage
Covered Parking
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Courtesy of Marcus & Millichap, Jonathan Weir - CA DRE#02038545 Selling Office: .

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