16307 Gramercy Place Gardena, CA 90247
Listing Courtesy of: CRMLS / Homebased Realty / Joe Morales - Contact:  661-510-6124

  16307 Gramercy Place Gardena, CA 90247

Sold (13 Days)
$1,550,000

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.

MLS #:
SR24161552
Lot Size
7,949 SQFT
Type
Multifamily
Year Built
1978
County
Los Angeles County

Listed By

Joe Morales, Homebased Realty, Contact: 661-510-6124
Bought with
Steve Hwang, DRE #01406095 CA, Century 21 Union Realty
Source
CRMLS
Last checked Dec 23 2024 at 2:59 AM GMT+0000
Bathroom Details
Interior Features
  • Microwave
  • Gas Oven
  • Gas Cooktop
  • Disposal
  • Dishwasher
  • Laundry: Washer Hookup
  • Laundry: Gas Dryer Hookup
  • Laundry: Inside
  • Wet Bar
  • Utility Room
  • All Bedrooms Up
Property Features
  • Fireplace: Living Room
Heating and Cooling
  • Central
Flooring
  • Vinyl
  • Carpet
  • Tile
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Stories
  • 2
Additional Information: Homebased Realty | 661-510-6124
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.