Multifamily
1323 W 168th St
1323 W 168th St, Gardena, CA 90247
Listing Price: $1,728,800
Investment Overview
The Weir Group of Marcus & Millichap is pleased to present 1323 West 168th Street, a 5-unit investment property in Gardena, California. The property is located between Normandie and Berendo Avenues blocks from the 110 Freeway. This area is a solid majority-renter market with low vacancy rates. 1323 West 168th Street consists of three 1 bedroom 1 bathroom (non-conforming) units and four 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Exclusively Listed By
Listing Price: $1,728,800
Investment Highlights
- Not Subject to LA City Rent Control
- One Unit will Be Delivered Vacant
- Value Add (Long Term Ownership)
- Ample Parking
- Ideal Unit Mix
Investment Overview
The Weir Group of Marcus & Millichap is pleased to present 1323 West 168th Street, a 5-unit investment property in Gardena, California. The property is located between Normandie and Berendo Avenues blocks from the 110 Freeway. This area is a solid majority-renter market with low vacancy rates. 1323 West 168th Street consists of three 1 bedroom 1 bathroom (non-conforming) units and four 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Exclusively Listed By
