1835 W 166th Street, Gardena, CA 90247 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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1835 W 166th Street, Gardena, CA 90247

$3,100,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Robert Sillman | bobby@lyonstahl.com
Lic#: 02145409
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Cameron Samimi | cameron@lyonstahl.com
Lic#: 02035763
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

Welcome to 1835-1845 W 166th St, a 15-unit apartment building located in the nicest residential pocket of Gardena. Offered at a 5.61% CAP, 10.92 GRM, $206,667/unit and $264/sqft with 46% rental upside, this asset presents an excellent value-add opportunity for investors. The property spans 11,740 sqft, offering a favorable mix of (9) 2-bed/1-bath and (6) 1-bed/1-bath units across two separate buildings on a single APN. Situated on a spacious 16,016 sqft corner lot on the west side of Western Ave, the property is conveniently located near El Camino College, Alondra Park, and Lincoln Elementary School. Additional amenities include 15 tandem parking spaces (30 total), two laundry rooms (each with leased W/D combos), a grassy yard, a central courtyard, and separate meters for gas and electricity. Rents are due for a rent increase of 5% + CPI (currently 8.9%), presenting an immediate opportunity for income growth. There are also significant ADU possibilities for (3) 3-bed/2-bath units in the covered parking while still maintaining on-site parking for tenants. Inquire about debt quotes at 60% LTV, 5-year fixed rate at 5.95%. Underwriting and loan data reflect allowable rent increases. Please reach out for the Offering Memorandum.

Listing Details

Trust & Probate
Property type: Apartment (Multi-Family)
Status: Active
MLS# SB25060628
Price: $3,100,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1961
2 stories
0.37 acres
Lot size: 0.3677
County: Los Angeles
Zoning: GAR3
Lot description: ZeroToOneUnitAcre
Heating/cooling: None
Heating description: Central
MLS area: 119 - Central Gardena

Last Updated: 4/17/2025

 Days On Market (DOM): 42

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This listing belongs to the 119 - Central Gardena MLS area

Lat/Long: 33.880355, -118.310725.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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