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Stacey Alysson Melman

1225 W 166th
Gardena, CA, 90247
$7,200,000
Beds
0 Baths
0 SqFt
0.61 Acres
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MLS #SB26131058 image #0
1225 W. 166th Street presents an exceptionally rare opportunity to acquire a meticulously maintained 1980s construction apartment asset in what is widely considered the premier pocket of Gardena — south of Prairie Avenue. Combining strong in-place cash flow, an ideal unit mix, extensive renovations, abundant parking, and major future upside, this is the type of generational multifamily asset that rarely trades.

Constructed in 1985, the property consists of 22 oversized two-bedroom / two-bathroom units — one of the most desirable and durable rental configurations in today’s market. The spacious layouts, combined with the newer vintage construction, allow the asset to command premium rents while significantly reducing many of the deferred maintenance concerns commonly associated with older Southern California apartment buildings.

The property offers an exceptional parking ratio featuring 22 private garages in addition to 28 on-site parking spaces — an increasingly rare amenity that continues to drive tenant demand and long-term asset desirability.

The current ownership has extensively renovated 15 of the 22 units, creating immediate operational strength while still leaving meaningful remaining rental upside for a new owner. The building is fully leased with a strong tenant profile and has been professionally maintained throughout ownership.

What truly separates this asset from anything else currently on the market is the extraordinary ADU/additional unit potential. The property is uniquely positioned to allow for the addition of five (5) new two-bedroom / two-bathroom units without sacrificing existing parking. Based on current market rents, the additional units are projected to generate approximately $165,000 in additional annual gross income, with an estimated construction cost of approximately $650,000 — equating to an extraordinary sub-4 GRM on cost.

Offered at an attractive sub-12 GRM, 1225 W. 166th Street provides investors the rare ability to acquire a newer construction, highly parked, large-unit apartment community with immediate cash flow, operational stability, and substantial built-in upside in one of the strongest rental submarkets in the South Bay.
AGENT: Cameron Samimi
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
1225 W 166th
Gardena, CA

Property Details

Price:
$7,200,000
MLS #:
SB26131058
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
119centralgardena
Listed Date:
Jul 1, 2026
Total Sq Ft:
26,416
Lot Size:
26,416 sqft / 0.61 acres (approx)
Year Built:
1985
119 – Central Gardena119centralgardena
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Schools

Interior

Heating
WL
Laundry Features
CM
Levels
C

Exterior

Common Walls
_2CW
Community Features
SDW, URB, DGP
Garage Spaces
22
Parking Spots
22
Parking Total
22

Financial

Gross Operating Income
$605,559
Maintenance Fee
$14,300
Net Operating Income
$393,888

Map

Community

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