11,740 sqft

$3,340,000

1835 W 166th Street, Gardena CA, 90247

Price per sqft$284.50

Built in1961

Property size11,740 sqft

Property typeCondominium

Bought with Robert Sillman with Lyon Stahl Investment Real Estate, Inc. and Listed by Robert Sillman CA DRE# 02145409 with Lyon Stahl Investment Real Estate, Inc. [email protected]

Overview

Sold

Closed

Listed Mar 31, 2025

Updated Jun 19

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.

Additional information

MLS^® ID: SB25060628

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.37 Acres

Other Property Details

Garage: Yes
55+/Senior Community: No

Bought with Robert Sillman with Lyon Stahl Investment Real Estate, Inc. and Listed by Robert Sillman CA DRE# 02145409 with Lyon Stahl Investment Real Estate, Inc. [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:32 PM UTC Last Checked: 1:32 PM UTC