Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
45 Total Sales
2 in Gardena
$951,000 Price Range
1835 166th St Gardena, CA 90247
Gardena Area
3
Beds
2
Baths
11,740
Sq Ft
0.37
Acre Lot
Highlights
- 0.37 Acre Lot
- Central Heating
- Laundry Facilities
- No HOA
- Bike Trail
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
Robert Sillman 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
Robert Sillman Brokerage Email: bobby@lyonstahl.com License #02145409 Listed on: 03/31/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 16,016 Sq Ft 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
- Entry on the 1st floor
Interior Spaces
- 11,740 Sq Ft Home
- 2-Story Property
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2025
Closed on
Jun 23, 2025
Sold by
Bought by
Seller's Agent
Bobby Sillman
Robert Sillman
Buyer's Agent
Bobby Sillman
Robert Sillman
List Price
$3,100,000
Sold Price
$3,340,000
Premium/Discount to List
$240,000
7.74%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Outstanding Balance
$1,929,455
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 1999
Sold by
Bought by
Purchase Details
Closed on
Jan 4, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gardena, CA
-
Venny Saucedo
-
Ivan Rodriguez
Ivan Rodriguez
Action Mobils Homes
(909) 490-3539
82 Total Sales
1 in Gardena
$139,900 Price
-
Mary Meza Hayes
Mary Meza Hayes
T.N.G. Real Estate Consultants
(424) 378-5504
35 Total Sales
1 in Gardena
$770,000 Price
-
Nicholas Magill
Nicholas Magill
eXp Realty of Southern Califor
(442) 273-1407
60 Total Sales
2 in Gardena
$750,000 Price Range
-
Antonio Martinez
Antonio Martinez
Keller Williams Pacific Estates
(424) 379-0120
39 Total Sales
5 in Gardena
$460K - $810K Price Range
-
Giusy Mele-Brown
Giusy Mele-Brown
BHHS California Properties
(626) 313-3578
59 Total Sales
1 in Gardena
$938,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,340,000 | Chicago Title Company | ||
| -- | -- | ||
| $700,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,950,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $36,864 | $2,754,000 | $2,448,000 | $306,000 |
| 2024 | $17,372 | $1,166,438 | $343,259 | $823,179 |
| 2023 | $17,080 | $1,143,568 | $336,529 | $807,039 |
| 2022 | $16,326 | $1,121,146 | $329,931 | $791,215 |
| 2021 | $16,154 | $1,099,163 | $323,462 | $775,701 |
| 2019 | $15,676 | $1,066,564 | $313,869 | $752,695 |
| 2018 | $15,277 | $1,045,652 | $307,715 | $737,937 |
| 2016 | $14,394 | $1,005,050 | $295,767 | $709,283 |
| 2015 | $14,154 | $989,954 | $291,325 | $698,629 |
| 2014 | $14,204 | $970,563 | $285,619 | $684,944 |
Source: Public Records
Agents Affiliated with this Home
-
Bobby Sillman
Seller's Agent in 2025
Bobby Sillman
Robert Sillman
(310) 230-5478
23 Total Sales
-
Cameron Samimi
Seller Co-Listing Agent in 2025
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
205 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25060628
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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