
Gardena, California 90247
This Value-Add Residential Asset is listed at $875,000, positioned relative to a $772,773 Fair Market Value. While the price aligns with the high-demand South Bay location, the property offers significant forced appreciation through its 7,393 sq ft lot, Peek-A-Boo view, and detached garage with ADU potential. Currently holding a Condition Rating of 4, the home features a functional 3-bedroom, 2-bathroom layout—exceeding public records—and is located just 0.14 miles from the One Hundred Fifty-Third Street School. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to maximize a large lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1640 Marine Subject | $875,000* List Price | 3 | 2 | 1,143 | $676 | - |
A 1342 W 161st Sold | $700,000 | 3 | 1 | 986 | $710 | 0.8 mi |
B 15906 Manhattan Place Sold | $869,000 | 3 | 2 | 1,440 | $603 | 0.6 mi |
C 1441 W 152nd Sold | $850,000 | 3 | 2 | 1,502 | $566 | 0.3 mi |
D 1506 W 152nd Pending | $785,000 List Price | 3 | 2 | 1,422 | $552 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property is well-maintained but dated. The kitchen and bathrooms feature older tile countertops and cabinetry likely renovated over 20 years ago. The presence of a wall heater indicates a lack of modern central HVAC, and while the home is functional and move-in ready, it requires cosmetic and systemic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7393, living area = 1143.
The property sits on a generous 7,393 sq ft lot with a detached garage, offering significant potential for an Accessory Dwelling Unit (ADU) to increase property value or rental income.
Despite assessor records showing only two bedrooms, the home features a functional three-bedroom, two-bathroom configuration, providing immediate added utility for families or home offices.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The mismatch between the physical bedroom count and the assessor's records may complicate the appraisal process or financing for certain loan products.
As a 1953 build, the property may require updates to major systems such as plumbing, electrical, or insulation to meet modern efficiency and safety standards.
Welcome to 1640 Marine Ave in Gardena. A fantastic opportunity for homeowners and investors alike! Perfectly situated on a spacious 7393 sq ft lot, this beautiful maintained home offers more than meets the eye. While the assessor's record shows 2 bedrooms, this property features a functional 3 bedroom, 2 bathroom layout, providing that extra space for a home office, guest room, or growing family. This well located property offers convenient access to major freeways, shopping, dining, and local amenities. Featuring a functional layout with comfortable living spaces, this home provides the perfect canvas to make it your own. Enjoy a bright and airy living space, a spacious lot with plenty of potential for outdoor entertaining, expansion, a detached garage with potential for an ADU (buyer to verify). Whether you're a first-time buyer or looking to add to your portfolio, this property combines location, value, and opportunity. Don't miss your chance to own in a desirable South Bay location.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,143 | 1,290 | 31% |
| Lot Size | 7,393 | 5,672 | 81% |
| Price | $875.0K | $822.5K | 72% |
| Price per sq ft | $766 | $602 | 78% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 168 | 3% |
Apr 17, 2026
$875,000
Initial Listing
Jul 12, 2005
$232,681
Public Record