Gardena, CA 90247,16307 Gramercy PL
See all 52 photos
Gardena, CA 90247,16307 Gramercy PL
Gardena, CA 90247,16307 Gramercy PL
Gardena, CA 90247,16307 Gramercy PL
Gardena, CA 90247,16307 Gramercy PL

$1,550,000

Est. payment /mo

$1,599,990

3.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

16307 Gramercy PL Gardena, CA 90247

7,949 Sqft Lot

SOLD DATE : 10/02/2024

Key Details

Sold Price $1,550,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24161552

Sold Date 10/02/24

HOA Y/N No

Year Built 1978

Lot Size 7,949 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 120 - South Gardena

Zoning GAR2

Interior

Interior Features Wet Bar, All Bedrooms Up, Utility Room

Heating Central

Flooring Carpet, Tile, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Urban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4066016007

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Joe Morales • HomeBased Realty • 661-510-6124
Bought with Steve Hwang • Century 21 Union Realty

Rachael Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.