
Gardena, California 90247
This Turnkey Triplex represents a Strong Value Opportunity, listed at $1,190,000—positioned slightly above the $1,129,450 Fair Market Value. While the list price reflects a premium, the property’s Turnkey Condition Rating and recent interior upgrades minimize immediate capital expenditure. Featuring a Spanish-style front house and two rear units on a 6,747 sf R3 lot, this asset offers high rental demand and 5+ surface parking spaces. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in a prime Gardena location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 W 163rd Subject | $1,190,000* List Price | 0 | 0 | 1,952 | $579 | - |
A 1512 Marine Sold | $1,110,000 | 0 | 0 | 1,856 | $598 | 0.9 mi |
B 1616 W Gardena Sold | $1,020,000 | 4 | 3 | 1,981 | $515 | 0.5 mi |
C 1616 W Gardena Sold | $1,020,000 | 0 | 0 | 1,981 | $515 | 0.5 mi |
D 16404 Gramercy Place Active | $1,150,000 List Price | 0 | 0 | 1,788 | $643 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1961, the front unit underwent a full interior upgrade less than two years ago and one rear unit was also recently updated. Interior photos show modern LVP flooring, recessed lighting, and a contemporary kitchen with white shaker cabinets and butcher block counters. The property is in turnkey condition with newer vinyl windows, meeting the criteria for a renovation under five years old.
The property features recently upgraded interiors in the front unit and one rear unit, offering a move-in-ready opportunity that minimizes immediate renovation costs for investors.
Situated within walking distance to downtown Gardena and the city community center, the property benefits from high tenant demand and excellent freeway access to the 110, 405, and 91.
With over five surface parking spaces and a single-story layout across two separate structures, the property provides a rare level of convenience and privacy for a multi-family residence.
The owner remains responsible for water, trash, and sewer for the rear units, which increases monthly operating expenses and slightly reduces the overall net operating income.
The two rear units are limited to 520 square feet each, which may restrict the tenant pool and potential rental upside compared to larger multi-family configurations.
1234 W 163rd is a well-maintained, charming triplex located in a prime area of Gardena, situated within a walking distance to the library or city community center and to downtown Gardena. The location is ideal for owner-occupants or for savvy investors as it consistently drives strong tenant demand and historically low vacancy. The two separate single-story structures are outlined with a Spanish-style front house (2 bed/1.5 bath. 912 sf) and the attached rear two units (1 bed/1bath, 520sf each), totaling 1952 sf in the 6747 sf R3 lot. The interior of the front unit was beautifully upgraded less than two years ago, with the existing configuration resembling a single-family residence. One of the two rear units was also fully updated recently and the other is in excellent condition. The property offers 5 or more surface parking spaces. All the utilities are due on the tenants except that that seller pays only the water & trash,sewer for the two back-units. For all the three units, the single-level layout adds convenience and ease of access, while one-or two-carport spaces + outdoor spaces for each unit provides a comfortable communal living environment. This turnkey property is in a quiet neighborhood, is easy to maintain and conveniently located with easy access to highway 110, 405 and 91. Buyer to conduct their own due diligence. Note: Please do NOT disturb or speak with tenants, nor walk on the premises without appointment.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 5.0 |
| Square foot | 1,952 | 3,348.5 |
| Lot Size | 6,747 | 7,846.125 |
| Price | $1.19M | $1.10M |
| Price per sq ft | $610 | $398 |
| Built year | 1961 | 1956 |
| HOA | $0 | $0 |
| Days on market | 6 | 83 |
Sep 3, 2026
$1,190,000
Initial Listing
Jan 26, 2024
$730,000
Public Record
May 4, 2015
$131,500
Public Record