$10,000 Closing Credit¹
#SB25025249, Hanh Le, Listing Office: West Shores Realty, Inc.
$3,100,000 List price
1835 W 166th St Gardena, CA 90247
0.4 acres
Condo
Property details
About 1835 W 166th St
Welcome to 1835-1845 W 166th St, a 15-unit apartment building located in the nicest residential pocket of Gardena. Offered at a 5.61% CAP, 10.92 GRM, $206,667/unit and $264/sqft with 46% rental upside, this asset presents an excellent value-add opportunity for investors. The property spans 11,740 sqft, offering a favorable mix of (9) 2-bed/1-bath and (6) 1-bed/1-bath units across two separate buildings on a single APN. Situated on a spacious 16,016 sqft corner lot on the west side of Western Ave, the property is conveniently located near El Camino College, Alondra Park, and Lincoln Elementary School. Additional amenities include 15 tandem parking spaces (30 total), two laundry rooms (each with leased W/D combos), a grassy yard, a central courtyard, and separate meters for gas and electricity. Rents are due for a rent increase of 5% + CPI (currently 8.9%), presenting an immediate opportunity for income growth. There are also significant ADU possibilities for (3) 3-bed/2-bath units in the covered parking while still maintaining on-site parking for tenants. Inquire about debt quotes at 60% LTV, 5-year fixed rate at 5.95%. Underwriting and loan data reflect allowable rent increases. Please reach out for the Offering Memorandum.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
Lot size0.3677 Acres
Year built1961
MLS #SB25060628
Garage1 space
Summary
- MLS Number: SB25060628
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Email: bobby@lyonstahl.com
- Listing Agent: Robert Sillman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 12:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,100,000
1835 W 166th St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 11, 1994 | Home Sold | $700,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,166,438 | $17,372 |
| 2023 | $1,143,568 | $17,079 |
| 2022 | $1,121,146 | $16,326 |
| 2021 | $1,099,163 | $16,154 |
| 2020 | $1,087,894 | $15,675 |
| 2019 | $1,066,564 | $15,276 |
| 2018 | $1,045,652 | $14,934 |
| 2017 | $1,025,150 | $14,934 |
History based on county public records data.
Nearby schools
5
Denker Avenue School
Public District KG-5
0.4 mi
•1620 W 162nd St
8
Lincoln Elementary School
Public District PK-5
0.6 mi
•2418 W 166th St
9
156th Street Elementary
Public District KG-6
0.7 mi
•2100 W 156th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,462. Most Gardena, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
63%
<35k
26%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Art Museums
Where do the neighbors shop?
Banana Republic
IKEA
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Quiznos
Starbucks
What do the neighbors drive?
Toyota
Lexus
Audi
What do the neighbors listen to?
Jazz
Soft Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1835 W 166th St
This home is located at 1835 W 166th St in Gardena, CA and zip code 90247 in the South Bay neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $3,100,000.
Over 13 listings were sold over their listed price in March 2025 in Gardena, CA. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Gardena, CA between February and March 2025 decreased by 1%. In March 2025, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $800,000.
From Rocket Homes Real Estate and based on county public records data.