824 West 164th Street

Gardena, CA 90247

$4,000,000
Price
19,801 / 0.45
Lot Size / Acres

Description

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...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!
  1. Listed by Daniel Shamooelian • DRE #01984269 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 824 West 164th Street

Zoning
LAR4
Parcel Number
6120018028
Area
North Gateway (116)
Lot Size Area
19801
Source Lot Size Area
Estimated
Assessor Parcel Number
6120-018-028
Directions
North of Gardena Blvd, South of 161st St, West of the 110 Freeway, East of Vermont Ave

Location

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269
Add your commute
LISTING UPDATED: 04/12/2024 12:01 AM

Property Details for 824 West 164th Street

StatusActive
MLS #24-376329
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.45 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269
Add your commute

Building Information for 824 West 164th Street

Lot Size0.45 AC

Payment Calculator

$22,474 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,830

Property Taxes

$644

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 824 West 164th Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Rent Control
  • Lot Acreage: 0.454
  • Lot Size Square Feet: 19801
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 04-04-2024

Property History for 824 West 164th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 824 West 164th Street

Taxable ValueLand$468,180Additions$130,050Total$598,230
Tax Record2023$7,723 ($644 / month)
Home Facts
Total Finished SqFt1,312 SqFtAbove Grade Finished SqFt1,312 SqFtLot Size6,000 SqFtStyleDuplexYear Built1900ZoningLAR4CountyLOS ANGELESAPN6120-018-028

Schools near 824 West 164th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gardena Elementary School
PublicK to 5

New Designs Charter School-Watts
Charter6 to 12

Gardena Senior High School
Public9 to 12

Moneta Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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824 West 164th Street is a 0.45 ac of land for sale in Gardena, CA 90247. This property was listed for sale on April 4, 2024 by Keller Williams Beverly Hills, it's currently listed at $4,000,000. It has been on the market for a total of 29 days and was last sold on August 28, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardena Elementary School, New Designs Charter School-Watts and Gardena Senior High School. 824 West 164th Street is a 0-bed, 0-bath, 0.45 ac of land on a 19,801 sq. ft. / 0.45 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian, DRE #01984269

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.