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Millman Team Real Estate

$7,200,000
0.61 Acre Lot

1225 W 166th, Gardena, California 90247

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1985 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SB26131058
$7,200,000
1985
0.61 Acre
Active
1
Apartment
Features
: None
: Wall Furnace
: None
: Assigned
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Gardena
90247
166th
1225
W119° 42' 13''
N33° 52' 49.4''
From the 91 Freeway, exit Vermont Ave. Go north on Vermont Ave, turn left on W 166th St. Property is on the right at 1225 W 166th St.
119 - Central Gardena
W
Additional Information
$0
$0
$0
$0
$0
Dog Park, Pets Allowed
26416
: Sidewalks, Urban, Dog Park
2
22.0
: Three Or More
: 21-25 Units/Acre
22
2026-07-01
3
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Cameron Samimi
Listing Information
SBSAMICAM
sb1310620
Cash, Cash to New Loan, Conventional
Active
2026-07-01T22:15:18Z
CRMLS
: Standard
2026-07-01T00:31:08Z
Agent info
Ray Millman
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