Central Gardena (119) Homes with Three Or More Levels Stories

Central Gardena (119) Homes with Three Or More Levels Stories

Welcome to Central Gardena, a vibrant neighborhood nestled in the heart of Los Angeles County, California. This charming locale is known for its rich cultural diversity, welcoming community, and convenient access to the bustling city life of Los Angeles. Central Gardena boasts a unique blend of suburban tranquility and urban excitement, making it an ideal place for families, professionals, and anyone seeking a dynamic living environment.

One of the standout features of Central Gardena is its remarkable selection of homes, particularly those with three or more levels. These multi-story residences offer an abundance of space, perfect for growing families or those who appreciate the luxury of extra room for entertaining guests. With their modern designs and thoughtful layouts, these homes provide not just comfort but also stunning views of the surrounding landscape. Imagine unwinding on your private balcony, enjoying the California sunshine while overlooking the lush greenery that characterizes this beautiful area.

Residents of Central Gardena enjoy a wealth of amenities, including parks, shopping centers, and excellent schools, all within a short distance. The community is also well-connected to major highways and public transportation, ensuring easy commutes to downtown Los Angeles and beyond. Whether you’re exploring local eateries, enjoying outdoor activities, or participating in community events, Central Gardena offers a lifestyle that balances relaxation and excitement.

Discover the charm of Central Gardena and explore the exceptional homes with three or more levels that await you. Your dream home is just around the corner in this delightful neighborhood!

Newest Central Gardena (119) Homes with Three Or More Levels Stories

$7,200,000
SB26131058 MLS Active Status
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.

1225 W 166th, Gardena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.