B
Seller's Agent in 2025
Bobby Sillman
Lyon Stahl Investment Real Estate, Inc.
(310) 230-5478
1 in this area
11 Total Sales
1835 166th St Gardena, CA 90247
3
Beds
2
Baths
11,740
Sq Ft
0.37
Acres
Highlights
- 0.37 Acre Lot
- Laundry Room
- Bike Trail
- No HOA
- Central Heating
About This Home
As of July 2025Welcome 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 03/31/2025
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02035763
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 03/31/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.37 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 15 Open Parking Spaces
- 1 Car Garage
- 14 Carport Spaces
Home Design
- Apartment
Interior Spaces
- 11,740 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Legal Lot and Block 24 / 26
- Tax Tract Number 603
- Assessor Parcel Number 4066024021
- $3,495 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 15 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,126
- Fuel Expense $3,860
- Gardener Expense $1,650
- Insurance Expense $14,675
- Professional Management Expense $14,196
- Trash Expense $6,601
- Water Sewer Expense $11,683
- Operating Expense $101,651
- Gross Income $283,928
- Net Operating Income $173,759
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $3,340,000 | +7.7% | $284 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $3,100,000 | 0.0% | $264 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | For Sale | $3,100,000 | -- | $264 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
8 in this area
182 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25060628
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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