3 months on rocket

Backup Offers

1216 W 166th St, Gardena, CA, 90247

$999,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
3,037 SqFt
$329/SqFt
Multi

Location

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1216 W 166th St, Gardena$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingConcrete, Driveway Level, Driveway, Garage Faces Front, Garage, On Site, Off Street, RV Potential, See Remarks
Garage2 spaces
Year Built1956
HeatingOther, Wall Furnace
CoolingOther
FireplaceNone
ViewNeighborhood
MLS #SR24188369
Lot Size0.28 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1216 W 166th St

Major Price reduction on This South Bay Investment Opportunity. Triplex in The City of Gardena. Centrally Located within 8 miles of some of LA's best small beach towns of Manhattan Beach, Hermosa Beach, and Redondo Beach. This 3 unit property features 3 detached structures totaling 3037 Sqft of living space, plus a detached 2 car Garage. Large 12,306 Sqft, level lot that boasts an R3 zoning with 70' of frontage and 177' deep. Front House is 3 bed + 2 bath, middle and back units built in the 1950's are 2 bed +1 bath each. 3 Separate power and gas meters. Each Unit has a nice fenced in yard. Lots of potential to add Sqft to existing units or build to 2 new ADUs for additional market rate income. Or for the long term investor with a vision, this could be a land play for a multi unit build out. Street has a range of duplexes to multi-unit apartment buildings to 4-6 unit townhouse style condominiums. All 3 units are currently tenant occupied. Please do not disturb the occupants, Call for more information. A Walk Through date will be scheduled, subject to written offers.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, See Remarks
  • Year Built: 1956
  • Stories: 1
  • Living Area: 3,037 SqFt

Listing Office:

  • Office Name: Engel & Volkers Pasadena
  • Office Phone: (925) 818-6759
  • Listing Agent: Varouge Mesrobian

Interior Features

Interior Information:

  • Flooring Type: See Remarks, Tile, Wood
  • Interior: Eat-in Kitchen, Granite Counters, See Remarks, Tile Counters, All Bedrooms Down, Bedroom on Main Level
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Concrete, Driveway Level, Driveway, Garage Faces Front, Garage, On Site, Off Street, RV Potential, See Remarks

Lot Features

Lot Information:

  • Lot: Front Yard, Level, Rectangular Lot
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Other, Wall Furnace
  • Cooling: Other

Other

Directions Information:

  • Directions: Betweem Normandie and Vermont, South of Gardena Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $329/SqFt

Tax Information:

  • Annual Amount: $8,752
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gardena, CA.

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Gardena, CA

City

Med. Sold Price

$775K

Med. Price/SqFt

$544

Avg. Days On Market

14

# of Sold Homes

24

1216 W 166th St vs Gardena

98 DAYS ON ROCKET

+84 Days

$999,000

+$224K More

$329/SqFt

-$215 Less

KEY TAKEAWAY

This property is $224K more than the Median Sold Price and $215/SqFt less than other homes in Gardena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24188369

Listing Office:

  • Office Name: Engel & Volkers Pasadena
  • Office Phone: (925) 818-6759
  • Listing Agent: Varouge Mesrobian

IDX 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: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2014Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,752$679,497
2020$8,574$672,531
2019$8,312$659,345
2018$8,143$646,418
2017$8,143$633,745

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4340892
5
/10

  • Gardena Elementary

  • 647 W Gardena Blvd

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-4340893
5
/10

  • Denker Avenue School

  • 1620 W 162nd St

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-4340894
5
/10

  • 153rd Street Elementary School

  • 1605 W 153rd St

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,485. Most Gardena, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Gardena›90247›1216 W 166th St

This home is located at 1216 W 166th St in Gardena, CA and zip code 90247 in the South Bay neighborhood. This 3,037 square foot home, which was built in 1956, sits on a 0.28 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $999,000.

Over 11 listings were sold over their listed price in November 2024 in Gardena, CA. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Gardena, CA between October 2024 and November 2024 decreased by 8.3%. While the average time on the market in November 2024 was 14 days, the median list price was $775,000.

From Rocket Homes Real Estate and based on county public records data.

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