1127 W 164th Street
Property Overview
Highly Desirable Gardena Location: Well-positioned asset located south of Redondo Beach Boulevard. Attractive Unit Mix: Unit composition consisting of (1) 3-bedroom/2-bathroom townhouse unit, (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit and (1) studio/1-bathroom unit. Strong In-Place Income & Financials: 5.63% current cap rate and 12.20 GRM with a projected 6.64% cap rate and 10.82 GRM, offering both stable income and growth. Ample Garage Parking: Total of 5 garage spaces. Strong Retail & Lifestyle Amenities: Ideally situated near Pacific Square Shopping Center and Artesia Boulevard, offering tenants convenient access to a variety of retail, dining, and entertainment options. Stable South Bay Investment: Excellent opportunity to acquire a well-located multifamily asset in the South Bay with strong current returns and long-term appreciation potential.
Home Details
- Property type
- Residential Income
- Year built
- 1962
- Living area
- 3,527 sq ft
- Lot size
- 6,315 sq ft
- Parking
- 5 spaces
- Garage
- 5 spaces
- Stories
- 2
- Days on market
- 8
- MLS status
- Active
- Zoning
- GAR3
Features & Amenities
Appliances
- Dryer
- Washer
Parking
- Garage
Location & Neighborhood
Frequently Asked Questions About 1127 W 164th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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