1148 W 166th Street, Gardena, CA 90247
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1148 W 166th Street,Gardena, CA 90247
$900,000
- 4 Beds
- - Baths
- 2,597 sq. ft.
- Multi-family
- Active
Listed by: jonathan weir
Office: marcus & millichap
MLS#:CL26832397
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$900,000
- Price per sq. ft.:$346.55
About this home
We are pleased to present 1148 W 166th St in Gardena, a compelling 4-unit investment opportunity offering significant upside and long-term growth potential. The property features a standalone 3-bedroom, 1-bathroom front house, providing strong owner-user appeal or the ability to capture premium rental income, a key differentiator from typical multifamily assets. The investment is highlighted by a 48% rental upside, presenting a clear mark-to-market opportunity for investors to substantially increase income and overall returns. Coupled with its strong value-add potential, the property is well-suited for repositioning through interior and exterior improvements to maximize rental performance. Additionally, the property offers ADU development potential under SB1211, allowing for the possibility to build up to 4 additional units (buyer to verify), creating a clear path to increased density and enhanced long-term value. Priced as the lowest 4-unit property currently available in the city of Gardena, the offering is strategically positioned to attract strong investor interest while delivering both immediate upside and future development potential....
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Home facts
- Year built:1956
- Listing ID #:CL26832397
- Added:1 day(s) ago
- Updated:May 12, 2026 at 05:57 PM
Rooms and interior
- Bedrooms:4
- Living area:2,597 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1956
- Building area:2,597 sq. ft.
- Lot area:0.22 Acres
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$346.55
Parking
- Parking description:Covered
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