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. Known for its rich cultural diversity and welcoming community spirit, Central Gardena offers a unique blend of suburban tranquility and urban convenience. With its lush parks, excellent schools, and a variety of dining and shopping options, it's no wonder that this area is becoming increasingly popular among families and young professionals alike.

One of the standout features of Central Gardena is its stunning architecture, particularly the homes with three or more stories. These multi-level residences provide ample space for growing families or those who simply appreciate the luxury of room to breathe. Imagine coming home to a beautifully designed multi-story home, where each level offers its own unique charm and functionality. Whether you’re entertaining guests on the rooftop terrace or enjoying a quiet evening in your cozy den, these homes are crafted to enhance your lifestyle.

The strategic location of Central Gardena means you’re just a short drive away from the bustling energy of downtown Los Angeles, while still enjoying the peace and serenity of suburban living. With easy access to major freeways, public transportation, and local amenities, commuting is a breeze.

Explore the delightful streets of Central Gardena, where you’ll find a community that celebrates its heritage and embraces the future. With a variety of homes available, including those with three or more stories, Central Gardena is the perfect place to plant your roots and create lasting memories. Come discover your dream home today!

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.