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$7,200,000
SB26131058 MLS ⋅ Active Status
1225 W. 166th Street presents an exceptionally rare opportunity to acquire a meticulously maintained 1980s construction apartment asset in what is widely considered the premier pocket of Gardena — south of Prairie Avenue. Combining strong in-place cash flow, an ideal unit mix, extensive renovations, abundant parking, and major future upside, this is the type of generational multifamily asset that rarely trades. Constructed in 1985, the property consists of 22 oversized two-bedroom / two-bathroom units — one of the most desirable and durable rental configurations in today’s market. The spacious layouts, combined with the newer vintage construction, allow the asset to command premium rents while significantly reducing many of the deferred maintenance concerns commonly associated with older Southern California apartment buildings. The property offers an exceptional parking ratio featuring 22 private garages in addition to 28 on-site parking spaces — an increasingly rare amenity that continues to drive tenant demand and long-term asset desirability. The current ownership has extensively renovated 15 of the 22 units, creating immediate operational strength while still leaving meaningful remaining rental upside for a new owner. The building is fully leased with a strong tenant profile and has been professionally maintained throughout ownership. What truly separates this asset from anything else currently on the market is the extraordinary ADU/additional unit potential. The property is uniquely positioned to allow for the addition of five (5) new two-bedroom / two-bathroom units without sacrificing existing parking. Based on current market rents, the additional units are projected to generate approximately $165,000 in additional annual gross income, with an estimated construction cost of approximately $650,000 — equating to an extraordinary sub-4 GRM on cost. Offered at an attractive sub-12 GRM, 1225 W. 166th Street provides investors the rare ability to acquire a newer construction, highly parked, large-unit apartment community with immediate cash flow, operational stability, and substantial built-in upside in one of the strongest rental submarkets in the South Bay.

1225 W 166th, Gardena
$760,000
2 Beds ⋅ 3 Baths ⋅ SB26106827 MLS ⋅ Active Status
More than just a typical townhome, this spacious end-unit offers flexible living space, modern features, and a layout designed for today’s lifestyle. This 2 bed, 2.5 bath townhome in Artesia Square checks all the boxes. With approximately 1,770 sq ft and a multi-level layout, there’s plenty of space to work from home, entertain friends, or just relax and unwind. In addition to the two bedrooms, the home also features a main entry level bonus room plus a separate enclosed home office that could easily function as a guest bedroom, gym, or flex space depending on your needs. Inside, you’ll find wood flooring, recessed lighting, stainless steel appliances, central A/C & heat, and a tankless water heater for added efficiency. Being an end unit means more privacy and extra natural light throughout the home. To top it all off, this home is solar powered. Built in 2012 and move-in ready, this home is also part of an FHA & VA approved complex, making financing more accessible for many first-time buyers. Located close to freeways, restaurants, public transit, and the beach, you’ll have easy access to everything you need while still enjoying a comfortable neighborhood feel. Whether you’re buying your first home, downsizing, or just looking for a low-maintenance lifestyle in a great location, this one is definitely worth a look!

1608 W Artesia Square, Gardena
$572,000
2 Beds ⋅ 3 Baths ⋅ RS25260448 MLS ⋅ Active Status
Don't miss this opportunity to own a beautifully maintained 2-bedroom, 2.5 bath condominium with spacious 2-car garage. With 1,278 sqft of comfortable living space, this home features a dedicated laundry room with additional storage, offering the convenience and functionality every homeowner needs. Built in 1983, the unit includes two private balconies. One off the dining area, perfect for morning coffee or evening relaxation, and another off the master bedroom, creating a peaceful retreat. Whether you're looking for a move in ready home or envision personal touches to make it uniquely yours, this property offers exceptional value and potential. Don't wait, schedule your showing today!

1119 Magnolia Avenue Unit 2, Gardena

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.