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
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
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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
- Address1148 W 166th ST Gardena CA
- CityGardena
- CountyLos Angeles
- Zip Code90247
