
Gardena, California 90247
Analysis of 16023 S Manhattan Place, Gardena, California 90247 is currently available with a list price of $925,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Gardena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1945 (>50 years old) and shows no signs of recent renovation. Interior photos reveal a partially gutted state with exposed wall studs, missing kitchen cabinetry/appliances, and severely damaged flooring, rendering the units currently unlivable and primarily valuable for the land and multi-unit expansion potential.
The massive 8,803-square-foot lot provides significant upside for future multi-unit expansion or the addition of ADUs, maximizing the property's long-term land value.
With two distinct 3-bedroom units and a total of 6 bedrooms, the property offers immediate cash flow and flexibility for owner-occupants or savvy investors.
Situated just minutes from essential commuter routes and commercial centers, the property is ideally positioned to attract high tenant demand in a prime Gardena area.
Built in 1945, the property may require significant capital expenditures for modernizing systems or structural repairs compared to newer developments.
While some local elementary schools perform well, the assigned high school has a lower rating, which may limit appeal for families with older children.
Prime Gardena income property with substantial upside. This front-and-back duplex sits on a massive 8,803-square-foot lot, presenting strong potential for future multi-unit expansion. The property delivers two distinct living spaces: an efficient 3-bed, 1-bath front unit and a substantial 3-bed, 2-bath rear unit complete with a bonus room, separate laundry, and attached direct access 2-car garage. Located just minutes from essential commuter routes and commercial centers, this is a strategic asset for generating future cash flow while holding for long-term land value.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 6.0 |
| Baths | 3.0 | 5.0 |
| Square foot | 2,636 | 3,348.5 |
| Lot Size | 8,803 | 7,846.125 |
| Price | $925.0K | $1.10M |
| Price per sq ft | $351 | $398 |
| Built year | 1945 | 1956 |
| HOA | $0 | $0 |
| Days on market | 4 | 83 |
Sep 5, 2026
$925,000
Initial Listing