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808 W 163rd St 6 Unit Apartment Building $1,499,000 ($249,833/Unit) Gardena, CA 90247
Investment Highlights
- Fully separately metered for gas and electricity, reducing owner operating costs.
- Tenants pay utilities, providing expense efficiency and stable net operating income.
- Positioned near the 405 and 110 Freeways for unmatched commuter access throughout Los Angeles.
- Located in a strong rental market with opportunities for value-add improvements and rent growth.
Executive Summary
Six-unit multi-family property with an additional permitted ADU in Gardena, offering strong rental demand and upside potential. All units are separately metered for gas and electricity, minimizing operating costs, and tenants pay their own utilities. Conveniently located near the I-405 and I-110 freeways, the property includes three rear parking spaces plus abundant street parking, making this an attractive opportunity for investors seeking stable income and future value-add growth.
Property Facts
| Price | $1,499,000 | Building Class | C |
| Price Per Unit | $249,833 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,290 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1956 |
| Property Subtype | Apartment | Parking Ratio | 0.91/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $1,499,000 |
| Price Per Unit | $249,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,290 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.91/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6120-018-039 | Improvements Assessment | $557,756 |
| Land Assessment | $529,869 | Total Assessment | $1,087,625 |
Property Taxes
Parcel Number
6120-018-039
Land Assessment
$529,869
Improvements Assessment
$557,756
Total Assessment
$1,087,625
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808 W 163rd St
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