
Gardena, California 90247
This High-Potential Investment Opportunity is a Multi-Family Duplex listed at $485,000, positioned well below the $498,696 Fair Market Value by 2%. This valuation gap offers $13,696 in Instant Equity. With a Condition Rating of 5, the property requires a full rehab, yet the 8,001 Sq Ft Lot provides significant value-add potential. Located near top-rated schools like North High, this asset is ideal for Buy-and-Hold Investors or Contractors seeking a strategic probate acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16508 Halldale Avenue Subject | $914,000* List Price | 4 | 2 | 1,768 | $513 | - |
A 17230 S Denker Sold | $760,000 | 3 | 2 | 1,513 | $502 | 0.5 mi |
B 16903 Brighton Sold | $650,000 | 3 | 1 | 1,062 | $612 | 0.2 mi |
C 1504 W 170th Sold | $760,000 | 3 | 1 | 1,265 | $601 | 0.3 mi |
D 1506 W 152nd Sold | $815,000 | 3 | 2 | 1,422 | $573 | 0.9 mi |
E 17123 S Orchard Avenue Sold | $745,000 | 3 | 2 | 1,388 | $537 | 0.9 mi |
F 16917 S Catalina Avenue Sold | $767,000 | 3 | 3 | 1,304 | $588 | 0.5 mi |
G 1441 W 152nd Sold | $850,000 | 3 | 2 | 1,502 | $566 | 0.9 mi |
H 16218 Gramercy Place Active Under Contract | $777,500 List Price | 4 | 2 | 1,541 | $505 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) with no recorded renovations. The 'as-is' probate sale status, lack of inspection contingencies, and auction format strongly indicate original, outdated systems and interiors requiring a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8001, living area = 1768.
Configured as a duplex with 4 bedrooms and 2 bathrooms, this property offers excellent potential for rental income or multi-generational living in a high-demand area.
The expansive 8,001 square foot lot provides significant space for potential expansion, the addition of an ADU, or enhanced outdoor amenities, adding substantial long-term value.
The auction terms strictly prohibit financing, appraisal, or inspection contingencies, requiring buyers to have significant liquid capital and accept all property risks upfront.
As a probate sale subject to court confirmation and potential overbidding, the transaction involves a complex legal process and a prolonged closing timeline compared to traditional sales.
Probate Sale! ALL CASH SALE! Estate of Hiroko Nakayama. This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time are TBD. In order to bid in court, no later than 1:00 PM one business day prior to the court date, the BUYER MUST DELIVER TO THE LISTING BROKER, ALL OF THE FOLLOWING: 1) Proof of Funds AND 2) a Cashier's Check for the amount of 10% of the listing price made payable to the ESTATE OF HIROKO NAKAYAMA. This 4 bed; 2 bath Multi-Family built in 1962 features +/-1,768 Sq Ft of living space, +/-8,001 Sq Ft lot, Zoned GAR2; APN: 6105-019-031.This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. (Timing of hearing is subject to the courts calendar approximately 60-days after the initial offer deadline date).
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,768 | 1,247.5 |
| Lot Size | 8,001 | 5,420.5 |
| Price | $914.0K | $812.0K |
| Price per sq ft | $517 | $631 |
| Built year | 1962 | 1956 |
| HOA | $0 | $0 |
| Days on market | 27 | 44 |
Jul 13, 2026
$914,000
$485,000
+88% Price Increase
Initial Listing
Jun 25, 2026
$485,000
Initial Listing
Mar 4, 1999
$230,000
Public Record
Dec 30, 1993
$215,000
Public Record