- N/A BR
- 0 BA
- N/A SqFt.
- 8,000 Lot
- $1,650,000
- Active
- DOM: 14
This fantastic 4-plex is a unique investment opportunity, perfectly blending potential and profitability. Built in 1978, this property spans approximately 4,304 square feet and offers a mix of spacious living, modern amenities, and incredible income potential. The front unit is currently vacant and ready for your personal touch! This two-story home features three generous bedrooms and two and a half bathrooms. Downstairs, there's a spacious living room with a cozy fireplace, and a formal dining area perfect for meals and entertaining. The remodeled kitchen boasts ample counter space and a smaller dining area for casual meals. Adjacent to the kitchen, the large family room with a wet bar is ideal for gatherings and celebrations, there's also a half bath. Upstairs, you'll find a full bath in the master bedroom and another full bath in the hall, ensuring comfort and convenience for everyone. While the unit needs some cosmetic updates like paint and carpet, the potential here is endless. A step-down enclosure off the family room offers storage space or it can be used for a hobby or utility room or just about anything and there is a washer and dryer hookup with a laundry sink, and access to a spacious two-car garage with dual garage doors and automatic openers. There's even a small enclosed private patio for outdoor relaxation. This property isn't just a great place to live—it's a smart investment, too! The additional three units are currently occupied by long-term tenants, each offering two bedrooms, one bathroom, and a two-car garage. The property has one water meter for all units and separate gas and electric meters for each unit, managing utilities is straightforward. Imagine living in the front unit while receiving steady rental income from the other three units. Alternatively, you could choose to rent all four units and maximize your investment return. Either way, this property offers financial flexibility and significant income potential. Gardena is a desirable location with a wealth of features and amenities. This vibrant city offers easy access to some of Southern California's best attractions. You're just a short drive from the beautiful beaches, bustling downtown Los Angeles, and LAX for all your travel needs. Gardena is also conveniently located near several major freeways, making commuting a breeze. The city boasts a rich cultural scene, diverse dining options, and numerous parks and recreational facilities.
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
16307 Gramercy Place, Gardena, (MLS® #SR24161552)
Date | Details | Price | Change |
---|---|---|---|
First Day Active | $1,599,990 | – |
Quick Summary of 16307 Gramercy Place: This home in Gardena is priced at $1,599,990 . The Quadruplex residence was originally built in 1978 and was listed on August 6th, 2024 at $1,599,990, showing 8 Days on Market currently. Contact Dave Fratello today for more information or to go see 16307 Gramercy Place.
Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 11:26am PDT. 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.