1040 W 165th Place, Gardena, California 90247, Gardena, 90247 - 12 bed, 9 bath

1040 W 165th Place, Gardena, California 90247 home-pic-0
ACTIVE$1,650,000
1040 W 165th Place, Gardena, California 90247
12Beds
9Baths
4,459Sqft
6,302Lot
Year Built
1988
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
SB25246539
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.65M(75th), sqft - 4459(75th), beds - 12(88th), baths - 9(88th).

Welcome to 1040 W 165th Place, a well maintained four unit property that blends reliability, convenience, and long term potential. OWNER UNIT VACANT! LIVE IN ONE RENT THE REST! Set on a quiet residential street in Gardena, this income producing building has been thoughtfully cared for, offering a clean and stable asset in one of the South Bay’s most commuter friendly pockets. The property features generous covered parking for up to eight vehicles, a rare advantage that tenants appreciate, and a solid layout that supports consistent occupancy. With its desirable GAR3 zoning, investors have the freedom to explore future redevelopment, additional units, or other value add possibilities down the line. Its central location places residents just moments from the 110, 91, and 405 freeways, creating easy connections to Downtown Los Angeles, Long Beach, and the South Bay job corridor. Everyday conveniences are close by, from shopping and dining at Del Amo Fashion Center to outdoor escapes at Alondra Park and nearby beaches. The area also offers access to local schools and higher education at El Camino College and Cal State Dominguez Hills. Strong rental demand, stable income, and flexible zoning make 1040 W 165th Place an outstanding opportunity for investors seeking both dependable returns and long term growth in a proven rental market.

Nearby schools

5/10
Gardena Elementary School
Public,K-50.4mi
6/10
Denker Avenue Elementary School
Public,K-50.8mi
4/10
Amestoy Elementary School
Public,K-51.1mi
8/10
Lincoln Elementary School
Public,K-51.6mi
4/10
Robert E. Peary Middle School
Public,6-80.4mi
6/10
Casimir Middle School
Public,6-81.8mi
3/10
Gardena Senior High School
Public,9-121.0mi
8/10
North High School
Public,9-122.7mi

Price History

Date
Event
Price
10/24/25
Listing
$1,650,000
07/24/15
Sold
$743,000
05/12/00
Sold
$342,500
Condition Rating
Fair

The property was built in 1988, making it 36 years old. While described as 'well-maintained,' the listing's own analysis notes a 'potential for dated systems/interiors.' Without any interior images of the kitchen or bathrooms, it's highly probable these areas, along with other components, are functional but reflect their original era or have only received minor updates, showing signs of being outdated. This aligns with the 'Fair' condition criteria, indicating that minor updates or repairs are likely needed to modernize the property.
Pros & Cons

Pros

Income Potential & Owner Occupancy: The property is a well-maintained four-unit building with one unit vacant, offering immediate owner-occupancy potential while generating income from the remaining units.
Flexible Zoning & Redevelopment Potential: Desirable GAR3 zoning provides investors with significant flexibility for future redevelopment, adding additional units, or exploring other value-add opportunities.
Strategic Commuter-Friendly Location: Centrally located with easy access to the 110, 91, and 405 freeways, facilitating convenient commutes to Downtown Los Angeles, Long Beach, and the South Bay job corridor.
Ample Covered Parking: Features generous covered parking for up to eight vehicles, a rare and highly valued amenity for tenants in the area.
Well-Maintained & Stable Asset: Described as a thoughtfully cared-for and well-maintained property, indicating a clean and stable asset with potentially lower immediate capital expenditure for a new owner.

Cons

Lack of Premium Views: The property does not offer any special views, which could limit its appeal compared to properties with scenic outlooks.
Potential for Dated Systems/Interiors: Built in 1988, while well-maintained, the property may have original systems or interior finishes that could require future upgrades or modernization to maximize rental income and tenant appeal.
Varied Local School Ratings: The surrounding school district exhibits a range of performance ratings, with some schools having lower scores, which might be a consideration for tenants with school-aged children.

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