Description
816 167th St in Gardena is an easy to manage 4-plex consisting of three (3) large 1-Bedroom/1-Bathroom (each over 700 sq ft) and one (1) 2-bedroom/1-Bathroom units. The subject property is already operating above a 4% CAP rate and offers over 10% upside bringing the CAP rate and GRM to 5.71% and 12.18 respectively. The property is perfectly situated for commuters because of its close proximity to the 110, 91, and 405 freeways. 816 167thSt may also have ADU potential, as it sits on a large 7,951 sq ft lot (buyer to verify).
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
816 167th St in Gardena is an easy to manage 4-plex consisting of three (3) large 1-Bedroom/1-Bathroom (each over 700 sq ft) and one (1) 2-bedroom/1-Bathroom units. The subject property is already operating above a 4% CAP rate and offers over 10% upside bringing the CAP rate and GRM to 5.71% and 12.18 respectively. The property is perfectly situated for commuters because of its close proximity to the 110, 91, and 405 freeways. 816 167thSt may also have ADU potential, as it sits on a large 7,951 sq ft lot (buyer to verify).
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T10:30:02.237. 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 deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.