16421 S Manhattan Place, Gardena, CA 90247
- $1,505,000
- Sold Price
- $1,505,000
- List Price
- $1,450,000
- Closing Date
- Jul 01, 2026
- Status
- CLOSED
- MLS#
- SB26114158
- Year Built
- 1973
- Lot Size
- 7,977
- Acres
- 0.18
- Lot Location
- Front Yard
- Days on Market
- 9
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
A rare opportunity to acquire a fully occupied, income-producing quadruplex in the heart of the South Bay. 16421 S. Manhattan Place offers 4 well-maintained units with a compelling mix of floor plans, dedicated parking for each tenant, and meaningful capital improvements already in place, the kind of asset that performs from day one without demanding attention from its owner. What sets this property apart is the care with which it has been maintained. The current owner has treated this investment with a level of attention rarely seen, proactively addressing repairs, preserving the condition of each unit, and completing upgrades on a timeline that reflects genuine pride of ownership. The result is a property that looks, feels, and functions the way a well-run building should. The front owner's unit anchors the property with a spacious 3-bedroom, 2-bath layout and the convenience of a private 2-car garage. The back unit spans two levels with 2 bedrooms and 1.5 baths, featuring a renovated kitchen and updated upstairs bathroom, plus a private 1-car garage and an additional parking space. The two remaining units are each 2 bed/1 bath: each with their own garage or dedicated carport. Recent improvements, including a new roof, dual-pane windows, and fresh exterior paint, further reflect the meticulous stewardship that has defined this ownership. The location adds another layer of appeal. Tenants enjoy easy access to a variety of local restaurants and neighborhood markets, with the everyday conveniences of the South Bay just minutes away. Commuters benefit from quick access to the 110, 405, and 91 freeways, connecting residents to downtown Los Angeles, the beach cities, and beyond with ease. For the investor seeking a low-maintenance, income-ready asset with solid bones, a meticulously maintained property, and a location that tenants genuinely value, this Gardena quadruplex delivers on every front.
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Additional Information
- Appliances
- Dishwasher, Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Fireplace Description
- Living Room, See Remarks
- Heat
- Forced Air, Wall Furnace
- Cooling Description
- None
- View
- None
- Roof
- Composition, Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Laminate Counters
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $86,400
- Operating Expense
- 7788
Listing courtesy of Listing Agent: Kai Ito (kai.ito@compass.com) from Listing Office: Compass.
Listing sold by Kai Ito from Compass
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.