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1148 W 166th St 4 Unit Apartment Building $1,238,472 CAD ($309,618 CAD/Unit) 3.87% Cap Rate Gardena, CA 90247



Investment Highlights
- 48% Rental Upside
- Standalone 3 Bed / 1 Bath Front House
- Lowest Priced 4-Unit in Gardena
- Strong Value-Add Opportunity
- ADU Development Potential (SB1211)
Executive Summary
We are pleased to present 1148 W 166th St in Gardena, a compelling 4-unit investment opportunity offering significant upside and long-term growth potential. The property features a standalone 3-bedroom, 1-bathroom front house, providing strong owner-user appeal or the ability to capture premium rental income, a key differentiator from typical multifamily assets. The investment is highlighted by a 48% rental upside, presenting a clear mark-to-market opportunity for investors to substantially increase income and overall returns. Coupled with its strong value-add potential, the property is well-suited for repositioning through interior and exterior improvements to maximize rental performance. Additionally, the property offers ADU development potential under SB1211, allowing for the possibility to build up to 4 additional units (buyer to verify), creating a clear path to increased density and enhanced long-term value. Priced as the lowest 4-unit property currently available in the city of Gardena, the offering is strategically positioned to attract strong investor interest while delivering both immediate upside and future development potential.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,238,472 CAD | Property Subtype | Apartment |
| Price Per Unit | $309,618 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.87% | Lot Size | 0.22 AC |
| Gross Rent Multiplier | 13.61 | Building Size | 2,597 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1956 |
| Zoning | GAR3 - Residential | ||
| Price | $1,238,472 CAD |
| Price Per Unit | $309,618 CAD |
| Sale Type | Investment |
| Cap Rate | 3.87% |
| Gross Rent Multiplier | 13.61 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 2,597 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Zoning | GAR3 - Residential |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $2,939 CAD | 650 |
| 1+1 | 2 | $2,279 CAD | 650 |
| Studios | 1 | $1,892 CAD | 650 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6111-009-033 | Total Assessment | $147,602 CAD (2025) |
| Land Assessment | $91,673 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $55,929 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
6111-009-033
Land Assessment
$91,673 CAD (2025)
Improvements Assessment
$55,929 CAD (2025)
Total Assessment
$147,602 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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1148 W 166th St
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