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    5-Unit Apartment Income Property Title is generated by Realmo AI

    1236 W 168th Street, Gardena, CA 90247

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    For Sale
    $1,700,000

    MULTI_FAMILY - Gardena, CA

    Added:
    May 16, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 2 at 1:06 am

    Property Features for 1236 W 168th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    6111033002

    Building Details

    Year built
    1961
    Floors in Building
    2

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    Sherry Storms Simpson
    Sherry Storms Simpson

    Listing agent Sherry Storms Simpson License #00757181

    Listing office Truth Realty 1000 Town Center Dr. Suite 300, Oxnard, CA 93036, Oxnard, CA

    Listing date May 16, 2026

    MLS# V1-36465

    Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully occupied 5‑unit property provides immediate cash flow.
    • Below‑market rents offer significant upside potential to increase revenue.
    • Good on‑site parking enhances tenant convenience and retention.
    • Central South Bay location provides easy access to employment, freeways, shopping, and dining.
    • Suitable for both seasoned investors and 1031 exchange buyers.
    • Stabilized asset in a sought‑after rental market.

    Overview

    This fully occupied 5-unit residential income property is offered for sale as a ready-to-operate rental asset. The current rent situation is described as below market, creating a straightforward path for an owner to pursue improved income through bringing units up to market levels over time, while maintaining the benefit of immediate occupancy. The property also includes good on-site parking, which supports tenant convenience in day-to-day living.

    The building is located at 1236 W 168th Street in Gardena, within Los Angeles County. The listing notes Gardena’s South Bay positioning and proximity to major employment corridors, freeways, and nearby shopping and dining, all of which contribute to the area’s appeal for renters.

    For investors or buyers seeking a multifamily asset with in-place occupancy, this offering centers on a simple investment premise supported in the remarks: fully occupied units and an opportunity to adjust rents toward market levels. It may also fit buyers looking for a stabilized residential income property they can manage and enhance through ongoing operations and lease adjustments. Prospective buyers should review the current rent roll and unit mix details during due diligence to confirm fit with their underwriting and ownership objectives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.296279
    Latitude
    33.878765

    FAQs

    What type of property is this?
    Apartment building - Fully occupied five-unit residential income building with on-site parking in Gardena, CA.
    Where is this apartment building located?
    The property is located at 1236 W 168th Street Gardena, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Fully occupied 5‑unit property provides immediate cash flow.; Below‑market rents offer significant upside potential to increase revenue.; Good on‑site parking enhances tenant convenience and retention.
    More about this property
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