Millman Team Real Estate

$1,700,000

1236 W 168th Street, Gardena, California 90247

  • Commercial Sale Property Type
  • 1961 Year Built
Property Description

Exceptional Investment Opportunity in Gardena, California!This fully occupied 5-unit residential income property delivers immediate cash flow with a proven track record of consistent occupancy. With rents currently below market, savvy buyers will recognize the significant upside potential to increase revenue simply by bringing units to market rate over time.The property features good on-site parking, adding everyday convenience that keeps tenants happy and retention high. Gardena’s central South Bay location provides tenants easy access to major employment corridors, freeways, shopping, and dining — making this a perennially desirable rental address.Whether you’re a seasoned investor looking to expand your portfolio or a 1031 exchange buyer seeking a stabilized asset, this property checks every box — strong income, below-market rents with room to grow, and a fully occupied unit mix that starts working for you from day one.Don’t miss this rare opportunity to own a solid, income-producing asset in one of the South Bay’s most sought-after rental markets!

Basic Details
Commercial Sale
For Sale
V1-36465
$1,700,000
1961
Active
Multi Family
: Composition
Features
: Gas Dryer Hookup, Electric Dryer Hookup, Common Area
: Overhead Utilities
$0
Appliances
: Dryer
Address Map
CA
Other
Gardena
90247
168th
1236
Street
W119° 42' 13.4''
N33° 52' 43.6''
From the 405 S exit 37 B to Vermont Ave. Go towards west 190th St. Turn Left on Vermont St. and go 1.4 miles then turn left on 168th St.
120 - South Gardena
W
Apartment House 5+ units
Additional Information
$0
$0
$0
$0
$0
5465
: Investment, Multi-Family
220 Volts
1
: Garden, Lawn, Near Public Transit
7093
2026-05-16
2
: Public
Broker/Agent Information
Truth Realty
Sherry Simpson
Listing Information
VC152518432
V7799
Cash,Cash to New Loan,Conventional,1031 Exchange
Active
2026-05-27T12:19:07Z
CRMLS
: Standard
2026-05-15T17:00:00Z
Agent info
Ray Millman
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