16404 Gramercy Place, Gardena, California 90247, Gardena, 90247 - 0 bed, 0 bath
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Gardena, California 90247
This Detached Duplex represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned above the $1,137,579 Fair Market Value by -5%. Featuring a Condition Rating of 3, the property offers move-in ready interiors with Granite Countertops and private outdoor Patio spaces. Its unique configuration on an 8,068 sqft Corner Lot provides significant rental appeal and privacy. While climate control systems are dated, the strategic location near major freeways ensures strong demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16404 Gramercy Place Subject | $1,200,000* List Price | 0 | 0 | 1,788 | $636 | - |
A 1616 W Gardena Active Under Contract | $1,099,000 List Price | 0 | 0 | 1,981 | $555 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the property has undergone renovations likely within the 10-15 year range, featuring granite countertops, tile flooring, and updated cabinetry. The units appear well-maintained and move-in ready, though the use of wall heaters and older white appliances indicates the systems are functional but dated.
Unlike traditional duplexes, this property features two completely separate homes with their own street frontages and private entrances, offering maximum privacy for occupants or multi-generational families.
The generous 8,068 square foot corner lot provides significant outdoor space for both units, including private yards and a detached two-car garage, which is a premium feature for residential income properties.
Centrally located with immediate access to the 110, 91, 405, and 105 freeways, the property is ideally positioned near major employment hubs, diverse dining, and popular beach cities.
The units utilize wall heaters and lack a central cooling system, which may require future capital investment to meet modern tenant expectations for comfort.
While some nearby elementary schools are highly rated, the assigned high school has a lower rating of 3, which could impact the property's appeal to long-term family tenants.
Unique duplex situated on a corner lot with two separate homes, each offering its own private entrance, yard space, and distinct street frontage. Building #1 faces Gramercy Place and features approximately 836 square feet with 2 bedrooms and 1 bathroom. This unit offers a no-carpet interior, granite countertops, washer and dryer hookups, wall heater, front yard, and private rear patio space. Building #2 faces Gardena Boulevard and offers approximately 952 square feet with 2 bedrooms and 1 bathroom. This unit features granite countertops, washer and dryer hookups, wall heater, a front yard, rear yard, spacious driveway, and a detached 2-car garage. Located in the heart of Gardena, this property offers convenient access to the best of the South Bay and surrounding Los Angeles areas. Centrally located near major freeways including the 110, 91, 405, and 105, the property provides convenient access to Downtown Los Angeles, Torrance, El Segundo, LAX, and nearby beach cities. The neighborhood is conveniently located near everyday shopping, dining, and entertainment, with easy access to grocery stores, coffee shops, restaurants, fitness centers, and neighborhood retail throughout Gardena and the surrounding South Bay communities. Nearby conveniences include Target, Ralphs, Starbucks, Sam’s Club, and Home Depot, along with popular family attractions such as Sky Zone Trampoline Park, K1 Speed, Wonder of Dinosaurs, and Jumper’s Jungle Family Fun Center. Gardena is also known for its diverse dining scene, with highly rated local favorites including Ladybug Cafe Hawaiian Restaurant and Azuma Japanese Restaurant & Sushi Bar, as well as a variety of popular Japanese, Korean, and Hawaiian restaurants all within a short drive. Residents enjoy easy access to nearby recreation and entertainment, including Alondra Park, Rowley Park, golf courses, fitness centers, and the beaches of Manhattan Beach, Redondo Beach, and Hermosa Beach just a short drive away. The property’s central South Bay location provides the perfect balance of neighborhood living with convenient access to shopping, dining, entertainment, and major employment hubs throughout Los Angeles County.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,788 | 4,027.5 | 8% |
| Lot Size | 8,068 | 7,306 | 92% |
| Price | $1.20M | $1.18M | 50% |
| Price per sq ft | $671 | $340 | 92% |
| Built year | 1963 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 144 | 8% |
May 9, 2026
$1,200,000
Initial Listing
Aug 25, 2003
$258,000
Public Record