824 W 164th Street
Gardena, CA 90247

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • on site

We are pleased to present for sale an excellent ED 1 TRIPLE LOT development opportunity located near the city of Gardena! While the 3 lots feature a Gardena address, the lots fall under city of LA zoning = more favorable towards development! Zoned LAR4-1, the site includes three APNs owned by a single owner: 6120-018-028, 029, 030 and is situated on a FLAT corner lot with an alley = optimal for design efficiency and parking access! Per seller's architect, 170 units may be built on the 3 lots using ED 1 incentives = only $23,500/unit!!!! Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process. Current improvements include 2 duplexes and a triplex collecting $19,200/month in income = collect incredible income while going through the lengthy entitlement process. Close proximity to Torrance, Hawthorne, Lawndale, the 110 Freeway and more! Please do not disturb current occupants, interior inspection subject to accepted offer only. Contact listing agent for more details!

California Regional MLS logo Listed By CRMLS_CA / Daniel Shamooelian / Keller Williams Beverly Hills

Last checked: Checking… • Last updated Apr 12, 2024 •

MLS# 24376329 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
4/4/24
Listed / Active CRMLS_CA $4,000,000
10/26/22
Price Changed CRMLS_CA
6/21/22
Price Changed CRMLS_CA

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Listing provided by broker:

Daniel Shamooelian

Keller Williams Beverly Hills

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This land located in South Bay, Gardena, CA 90247 is currently for sale for $4,000,000. 824 W 164th Street is a – square foot land with – beds and – baths that has been on Estately for 33 days. 824 W 164th Street is in the South Bay neighborhood of Gardena and has a WalkScore® of 77, making it very walkable. This land is in the attendance area of Gardena Elementary School, Robert E Peary Middle School, and Gardena Senior High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of 23:57 on May 06.

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.

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