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Multifamily

1323 W 168th St

1323 W 168th St, Gardena, CA 90247

Listing Price: $1,728,800

Cap Rate
4.55%
Number of Units
5
Occupancy
86.0%
Price/Unit
$345,760

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.

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

Exclusively Listed By

Multifamily

1323 W 168th St

Listing Price: $1,728,800

Cap Rate
4.55%
Number of Units
5
Occupancy
86.0%
Price/Unit
$345,760

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

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