
Gardena, California 90247
This Value-Add Quadruplex Asset represents a High-Potential Investment Opportunity with a List Price of $1,375,000. Positioned for significant growth, the property features a projected After-Repair Value of $1,550,000, offering $175,000 in Equity Potential post-renovation. The expansive 11,000+ sqft lot includes RTI potential for two additional ADUs, creating a 6-unit high-yield portfolio. While the Fair Condition Rating necessitates interior upgrades, the central location near Gardena Elementary and major freeways ensures high rental demand. This is a strategic acquisition for Buy-and-Hold Investors and Seasoned Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1267 W 166th Subject | $1,375,000* List Price | 0 | 0 | 3,740 | $264 | - |
A 1040 W 165th Place Sold | $1,400,000 | 12 | 9 | 4,459 | $314 | 0.3 mi |
B 1040 W 165th Pl. Sold | $1,400,000 | 0 | 0 | 4,449 | $315 | 0.3 mi |
C 17337 S Denker Avenue Active | $1,300,000 List Price | 0 | 0 | 2,826 | $460 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this 4-unit property is explicitly marketed as a 'value-add' investment requiring approximately $120,000 in interior renovations. While the exterior and grounds appear maintained in the provided image, the listing details confirm that the kitchens, bathrooms, and flooring require substantial rehabilitation to meet current market standards and achieve projected rental values.
The expansive 11,000+ sqft lot provides a rare opportunity to add up to two Accessory Dwelling Units (ADUs), allowing investors to transform this into a 6-unit high-yield asset.
With an estimated after-repair value of $1,550,000 and a $100,000+ projected upside, the property offers substantial equity growth through interior renovations and modernization.
The property consists entirely of spacious 2-bedroom, 1-bathroom units, which are highly sought after in the Gardena rental market, ensuring low vacancy and stable long-term cash flow.
The property is sold as-is and requires an estimated $120,000 in renovation costs for flooring, kitchens, and bathrooms to achieve market-rate rents.
The assigned high school carries a low rating of 3/10, which may limit the appeal for certain tenant demographics with school-aged children.
Exceptional 4-unit investment opportunity located in the heart of Gardena. This well-positioned multifamily property features four vacant spacious 2-bedroom, 1-bathroom units, offering an ideal blend of income and significant upside potential. Situated on a generous lot of approximately 11,000+ sqft, the property provides ample on-site parking and a functional layout attractive to long-term tenants. With a total building size of approximately 3,740 sqft, each unit offers comfortable living spaces, making this a highly desirable asset in a strong rental market. A standout feature of this property is the potential to add up to two (2) Accessory Dwelling Units in RTI (ADUs) (buyer to verify with city), creating the opportunity to expand to a 6-unit income-producing property and significantly increase overall value. This is a true value-add opportunity for investors. Based on current market analysis, the projected after-repair value is estimated around $1,550,000. The property is being offered at $1,375,000.00, presenting approximately $100,000+ upside, with renovation costs estimated at approximately $120,000 for interior upgrades including flooring, kitchen, and bathroom improvements. Property is being sold as-is, providing investors the flexibility to execute their own vision and maximize returns. With strong rental demand in Gardena and proximity to major freeways and employment hubs, as well as neighboring cities such as Torrance and Los Angeles, this asset is well-positioned for long-term appreciation and stable cash flow. Perfect for seasoned investors.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,740 | 4,449 | 43% |
| Lot Size | 11,051 | 6,302 | 86% |
| Price | $1.38M | $1.38M | 50% |
| Price per sq ft | $368 | $315 | 86% |
| Built year | 1960 | 1968 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 108 | 14% |
Mar 23, 2026
$1,375,000
Initial Listing
May 30, 2019
$970,000
Public Record
Aug 5, 2005
$705,000
Public Record
Nov 13, 2003
$501,000
Public Record