Gardena Homes with Apartment Subtype

Gardena Homes with Apartment Subtype

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Newest Gardena Homes with Apartment Subtype

1225 W 166th, Gardena
$6,990,000
SB26131058 MLS ⋅ Active Status
1225 W. 166th Street presents an exceptionally rare opportunity to acquire a meticulously maintained 1980s construction apartment asset in what is widely considered the premier pocket of Gardena — south of Prairie Avenue. Combining strong in-place cash flow, an ideal unit mix, extensive renovations, abundant parking, and major future upside, this is the type of generational multifamily asset that rarely trades. Constructed in 1985, the property consists of 22 oversized two-bedroom / two-bathroom units — one of the most desirable and durable rental configurations in today’s market. The spacious layouts, combined with the newer vintage construction, allow the asset to command premium rents while significantly reducing many of the deferred maintenance concerns commonly associated with older Southern California apartment buildings. The property offers an exceptional parking ratio featuring 22 private garages in addition to 28 on-site parking spaces — an increasingly rare amenity that continues to drive tenant demand and long-term asset desirability. The current ownership has extensively renovated 15 of the 22 units, creating immediate operational strength while still leaving meaningful remaining rental upside for a new owner. The building is fully leased with a strong tenant profile and has been professionally maintained throughout ownership. What truly separates this asset from anything else currently on the market is the extraordinary ADU/additional unit potential. The property is uniquely positioned to allow for the addition of five (5) new two-bedroom / two-bathroom units without sacrificing existing parking. Based on current market rents, the additional units are projected to generate approximately $165,000 in additional annual gross income, with an estimated construction cost of approximately $650,000 — equating to an extraordinary sub-4 GRM on cost. Offered at an attractive sub-12 GRM, 1225 W. 166th Street provides investors the rare ability to acquire a newer construction, highly parked, large-unit apartment community with immediate cash flow, operational stability, and substantial built-in upside in one of the strongest rental submarkets in the South Bay.

1225 W 166th, Gardena

2128 W 157th, Gardena
$1,550,000
SB26104083 MLS ⋅ Active Status
5 unit apartment building located in desirable Gardena neighborhood! Unit one features 3 bed, 1.75 bath front unit with new oven (2024), small patio and updated forced air heater installed 2010. Unit two is a ground floor unit  featuring 2 beds, 1.5 baths, new bathroom flooring (2024) with a patio on ground floor. Laminate wood floors in bedrooms and hallway (2026). Unit three is a lower level unit featuring 2 beds, 1.5 baths with a patio on ground floor. Laminate wood floors in bedrooms and hallway (2026). Unit four is an upper unit with 2 beds plus den, 1.5 baths with a balcony, and 2018 wall heater. New Vinyl plank flooring (2026), new blinds (2026), New dual pane windows/ patio door (2026). Upper Level Unit with opportunity to get market rent. Plus great opportunity to get full market rent on the newly updated Unit 5 - upper level unit with 2 beds, 1.5 baths - new windows, vinyl plank flooring, new paint, new kitchen counter, sink, faucet, disposal, new bathroom vanity, new light fixtures, and balcony. New blinds (2026) Upper level unit. Other notable features include: New Main Electrical Panel (2026), New sub panels in all units (2026), New exterior paint (May 2024), Updated Roof (November 2021), Central Water heater, laundry area with new washer (2025)/ and new dryer (2024) (owned- will stay with the property), rear steps and balconies sealed. Balconies inspected and repaired, carport at rear with alley access, 5 parking spaces, located behind the Target. Conveniently located near popular Gardena dining spots, grocery stores, restaurants, essential stores, and easy access to freeways.

2128 W 157th, Gardena

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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.

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