Stacey Alysson Melman

1148 W 166th ST Gardena CA 90247 MLS #26832397

1148 W 166th ST
Gardena, CA, 90247
$900,000
6 Beds
3 Baths
2,597 SqFt
0.22 Acres
Add
MLS #26832397 image #0
FULLY OCCUPIED PROPERTY. DELIVERED FULLY OCCUPIED. DRIVE-BY ONLY! Submit offer subject to interior inspection! We are pleased to present 1148 W 166th St in Gardena, a compelling 4-unit investment opportunity offering significant upside and long-term growth potential. The property features a standalone 3-bedroom, 1-bathroom front house, providing strong owner-user appeal or the ability to capture premium rental income, a key differentiator from typical multifamily assets. The investment is highlighted by a 48% rental upside, presenting a clear mark-to-market opportunity for investors to substantially increase income and overall returns. Coupled with its strong value-add potential, the property is well-suited for repositioning through interior and exterior improvements to maximize rental performance. Additionally, the property offers ADU development potential under SB1211, allowing for the possibility to build up to 4 additional units (buyer to verify), creating a clear path to increased density and enhanced long-term value. Priced as the lowest 4-unit property currently available in the city of Gardena, the offering is strategically positioned to attract strong investor interest while delivering both immediate upside and future development potential.
AGENT: Jonathan Weir
LISTING BROKERAGE: Marcus & Millichap
1148 W 166th ST
Gardena, CA

Property Details

Price:
$900,000
MLS #:
26832397
Status:
Active
Beds:
6
Baths:
3
Type:
Single Family
Neighborhood:
119centralgardena
Listed Date:
May 11, 2026
Finished Sq Ft:
2,597
Total Sq Ft:
2,597
Lot Size:
9,406 sqft / 0.22 acres (approx)
Year Built:
1956
119 – Central Gardena119centralgardena
Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
GD, RF
Cooling
NO
Heating
WL
Levels
A

Exterior

Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$66,108
Net Operating Income
$34,819

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# OC26086730broker reciprocity
3362 1/2 W 134th ST
Hawthorne, CA

$1,170,000

3.0 miles away

broker reciprocity
MLS# OC25237243broker reciprocity
330 E 101st Street
Los Angeles, CA

$1,165,000

4.6 miles away

broker reciprocity
MLS# RS26125144broker reciprocity
1512 Marine
Gardena, CA

$1,150,000

1.1 miles away

broker reciprocity
MLS# 26832381broker reciprocity
16928 S Berendo AV
Gardena, CA

$1,150,000

0.2 miles away

broker reciprocity
MLS# DW26050517broker reciprocity
149 W Colden AV
Los Angeles, CA

$1,150,000

4.9 miles away

broker reciprocity
MLS# CV25278951broker reciprocity
1341 W 94th
Los Angeles, CA

$1,150,000

4.9 miles away

broker reciprocity
MLS# 26827175broker reciprocity
19603 Enslow DR
Carson, CA

$1,149,000

2.8 miles away

broker reciprocity
MLS# 26670363broker reciprocity
22740 Meyler ST
Torrance, CA

$1,149,000

4.2 miles away

broker reciprocity
MLS# PV25254642broker reciprocity
21611 Normandie AV
Torrance, CA

$1,149,000

3.3 miles away

broker reciprocity
MLS# SB26125021broker reciprocity
4222 W 137th ST
Hawthorne, CA

$1,119,000

3.6 miles away