16015 Halldale Avenue, Gardena, California 90247, Gardena, 90247 - 0 bed, 0 bath
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Gardena, California 90247
This Turnkey Triplex represents a High-Potential Investment Opportunity, listed at $2,000,000, which aligns closely with the $1,982,067 Fair Market Value. Featuring a 2021 complete renovation and a 2025 new roof, the property maintains an Excellent Condition Rating with no deferred maintenance. The individually-metered utilities and townhouse-style unit mix ensure optimized operating expenses and strong rental demand. While school ratings vary, the property’s operational efficiency makes it a stable, low-maintenance asset. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16015 Halldale Avenue Subject | $2,000,000* List Price | 0 | 0 | 4,271 | $464 | - |
A 1303 W 163rd St Sold | $2,020,000 | 0 | 0 | 4,391 | $460 | 0.3 mi |
B 16421 S Manhattan Place Pending | $1,450,000 List Price | 0 | 0 | 4,130 | $351 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was completely renovated in 2021, meeting the <5-year renovation criteria for an excellent rating. Significant updates include a new roof (2025), new kitchen cabinets, new appliances, new water heaters, and new laminate flooring, indicating mint condition with no deferred maintenance.
Completely renovated in 2021 with a new roof scheduled for 2025 and all-new appliances, this property offers a pride-of-ownership opportunity with minimal immediate capital expenditure required.
Each unit is individually metered for gas, electricity, and water, which significantly reduces owner operating expenses and simplifies property management.
The property features large two- and three-bedroom townhouse-style units, which are highly attractive to long-term tenants and families seeking more space in the South Bay area.
At a $2,000,000 list price for a triplex, the high price per unit may result in a lower initial capitalization rate compared to other value-add opportunities in the Gardena market.
While some elementary schools are highly rated, the assigned middle and high schools have lower ratings (4 and 3 respectively), which could impact long-term demand from education-focused families.
16015 Halldale Avenue was completely-renovated in 2021 and is in excellent condition. The property offers a new owner the opportunity to acquire a pride-of-ownership triplex in a desirable South Bay location. The property features an attractive mix of Two- & Three-Bedroom, Townhouse-Style Units. Renovations Include: -New Roof (2025) -New Appliances: Refrigerator, Washer, Dryer & Dishwasher -New Kitchen Cabinets -New Water Heaters -New Laminate Flooring Each unit is individually-metered for gas, electricity, and water, reducing operating expenses.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 5.0 |
| Square foot | 4,271 | 3,684 |
| Lot Size | 8,001 | 7,501 |
| Price | $2.00M | $1.08M |
| Price per sq ft | $468 | $372 |
| Built year | 1990 | 1961 |
| HOA | $0 | $0 |
| Days on market | 34 | 86 |
Jun 18, 2026
$2,000,000
Initial Listing