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837 W 165th Pl
Gardena, CA 90247
AKA 16519 Ainsworth · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 6,861 SF
No. Stories 2
Year Built 1961
Parking Ratio 2.62/1,000 SF
Zoning C2, Los Angeles

Amenities

Unit Amenities

  • Air Conditioning

About 837 W 165TH PL , GARDENA, CA 90247

Huge Price Reduction.. Great upside & value added 10 unit apartment complex located adjacent to the city of Gardena, LA City Rent Controlled. This complex has a great unit mix of 70% large one bedroom units, 20% Two Bedrooms, and a beautiful studio apartment. Built in the 60's and sharing a common courtyard with a sister asset (another 10 unit complex), residents can enjoy ample space with the extra large courtyard. This unique offering has tremendous room for future rental growth as the existing rents are well below market, Upon turn over, these low rent apartments will dramatically increase your SGI (and cash flow) as they can be leased for market rate rent. The immediate vicinity of the subject property is situated in a rental market that has been consistently strong on occupancy and rental growth for the last 10 years. Zoned LAC2 Located one block East of Vermont Ave and less than a mile to the 110 & 91 Fwy entrance. Immediate local business include the Hustler Casino and many shopping centers in the vicinity.

Property Taxes

Property Taxes

Parcel Number
6121-007-014
Land Assessment
$617,908
Improvements Assessment
$984,280
Total Assessment
$1,602,188
  • Listing ID: 6366177

  • Date on Market: 3/20/2017

  • Last Updated:

  • Address: 837 W 165th Pl, Gardena, CA 90247

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