$725,000
$775,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
6,590 Sqft Lot
SOLD DATE : 09/18/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24140550
Sold Date 09/18/24
HOA Y/N No
Year Built 1947
Lot Size 6,590 Sqft
Property Description
Don't miss out on this charming 1947 Duplex in Gardena, CA!
Welcome to 1308 W 164th Street nestled in the heart of Gardena, CA. This property offers a unique opportunity for multi-family living, ideal for extended families or savvy investors. Situated on a spacious lot of 6,591 square feet, each unit boasts 1 bedroom and 1 bathroom, each with laundry hookups, providing comfortable living spaces.
The current rents are $1,350 and $1,750, making this an attractive investment opportunity, with an approximate upside of $550 for a new owner to realize. Additionally, there is potential for expansion with the addition of at least one ADU and possibly more (Buyer to verify).
The expansive yard is perfect for outdoor activities, gardening, or simply enjoying the California sunshine. Additionally, the property features a detached 2-car garage, offering ample parking and storage solutions. With its charming vintage appeal and versatile layout, this duplex is a rare find in a sought-after neighborhood. The location is perfectly located for easy access to major freeways (405, 91, and 110) and just 30 minutes from the some of California's most beautiful beaches, the Forum, LAX, and much more!
Don't miss out on this incredible opportunity to own a piece of Gardena history while enjoying the benefits of multi-family living. Schedule a viewing today and discover the endless possibilities this property has to offer!
DO NOT WALK PROPERTY AND TALK TO TENANTS, CALL LISTING AGENT TO ARRANGE SHOWING
Location
State CA
County Los Angeles
Area 119 - Central Gardena
Zoning GAR3
Interior
Heating Floor Furnace
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Roof Type Shingle
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6113016020
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Brian Estes • Re/Max Commercial & Investment
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "