1216 166th Street

Gardena, CA 90247

$999,000
Price
7
Beds
4
Baths
3,037 Sq. Ft.
$329 / Sq. Ft.
3,037
Sq. Ft.
$329
per Sq. Ft.

Description

Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units built in the 1950's...Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units built in the 1950's are 2 bed +1 bath each. 3 Separate power and gas meters. Each Unit has a nice fenced in yard. Lots of potential to add Sqft to existing units or build to 2 new ADUs for additional market rate income. Or for the long term investor with a vision, this could be a land play for a multi unit build out. Street has a range of duplexes to multi-unit apartment buildings to 4-6 unit townhouse style condominiums. All 3 units are currently tenant occupied. Please do not disturb the occupants, Call for more information. A Walk Through date will be scheduled, subject to written offers.
  1. Listed by Varouge Mesrobian • DRE #01120186 • Brokerage DRE #02221897 • Engel & Volkers Pasadena • 925-818-6759

Property Details for 1216 166th Street

Architectural Style
Bungalow, See Remarks
View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window, Other/Remarks
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 11/05/2024 06:21 AM

Property Details for 1216 166th Street

StatusActive
MLS #SR24188369
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1956
Lot Size0.28 AC / 12,306 SF
CountyLos Angeles County

Building Information for 1216 166th Street

Stories1Residences-Year Built1956Building Size-Lot Size0.28 AC / 12,306 SF

Property Information for 1216 166th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $53,411
  • Gross Scheduled Income: $53,411
  • Net Operating Income: $53,411
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 0
  • Tax Census Tract: 6031.02
  • CFD/Mello-Roos Fee: $901
  • Tax Lot: 2
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Interior Features: Granite Counters, Tile Counters
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, See Remarks
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 7
  • Room Bathroom Features: Bathtub, Shower, Shower in Tub, Main Floor Full Bath, Tile Counters, Walk-in shower
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Room Kitchen Features: Granite Counters, Tile Counters
  • Eating Area: In Kitchen, In Living Room, Separated, See Remarks
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Laundry Location: Other/Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: See Remarks
  • Heating Type: Other, Wall
  • Heating: See Remarks, Wall Furnace
  • Heat Equipment: Other/Remarks
  • Floor Coverings: Tile, Wood, Other/Remarks
  • Flooring: See Remarks, Tile, Wood
Exterior Features
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Roof: Composition, Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Raised, See Remarks, Slab
  • Structure Type: Triplex
  • Other Structures: Shed(s), Storage
  • Miscellaneous: Gutters, Urban
  • Patio: Yes
  • Patio: Covered, Concrete
  • Patio And Porch Features: Concrete, Covered, Front Porch
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Yard
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage, RV Possible
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Non-Garage: Driveway, Off Street, On Site, See Remarks
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Off Street, On Site, RV Potential, See Remarks
Property / Structure Info
  • Architectural Style: Craftsman/Bungalow, See Remarks
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,696
  • Unit Type Total Rent: $1,696
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,353
  • Unit Type Total Rent: $1,353
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,403
  • Unit Type Total Rent: $1,403
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Property History for 1216 166th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1216 166th Street

Taxable ValueLand$800,000Additions$385,000Total$1,185,000
Tax Record2024$14,968 ($1,247 / month)
Home Facts
Total Finished SqFt3,037 SqFtAbove Grade Finished SqFt3,037 SqFtLot Size12,303 SqFtStyleTriplexYear Built1924ZoningGAR3CountyLOS ANGELESAPN6111-010-001

Schools near 1216 166th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Denker Avenue Elementary School
PublicK to 5

New Designs Charter School-Watts
Charter6 to 12

Gardena Senior High School
Public9 to 12

Moneta Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1216 166th Street is a townhouse for sale in Gardena, CA 90247. This property was listed for sale on September 10, 2024 by Engel & Volkers Pasadena, it's currently listed at $999,000. It has been on the market for a total of 74 days and was last sold on June 30, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Denker Avenue Elementary School, New Designs Charter School-Watts and Gardena Senior High School. 1216 166th Street is a 7-bed, 4-bath, 3,037 sqft townhouse built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Pasadena, Varouge Mesrobian, DRE #01120186

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.