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2116 Marine Avenue, Gardena, California 90249, Gardena, 90249 - 6 bed, 4 bath

2116 Marine Avenue, Gardena, California 90249 home-pic-0
ACTIVE$1,500,000
2116 Marine Avenue, Gardena, California 90249
6Beds
4Baths
2,546Sqft
5,749Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
R3 Zoning: The R3 zoning allows for medium-density residential development, offering potential for adding additional units or an ADU, increasing property value and income potential.
Top Cons:
Year Built: Built in 1952, the property may require updates to meet modern standards and preferences, potentially incurring renovation costs.

Compared to the nearby listings

Price:$1.50M vs avg $1.11M (+$385,000)50%
Size:2,546 sqft vs avg 2,643 sqft50%
Price/sqft:$589 vs avg $42850%

More Insights

Built in 1952 (73 years old).
Condition: The property was built in 1952. The kitchens and bathrooms appear to have been updated at some point, but they are not modern. The appliances are stainless steel but not high-end. The flooring appears to be a mix of hardwood and tile. Overall, the property appears to be in fair condition, requiring some updates but is still functional.
Year Built
1952
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$589
HOA
-
Days on market
-
Sold On
-
MLS number
OC25144707
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

A rare and versatile R3-zoned duplex located in the heart of North Gardena, offering exciting development potential for tomorrow and cash flow. Situated just minutes from SoFi Stadium, Intuit Dome, SpaceX, Tesla Design Center, LAX, and major aerospace employers, this property is ideally positioned for long-term growth and tenant demand. This is a unique opportunity to own income property in a high-demand rental corridor with value-add upside and proximity to major employment centers and entertainment hubs. Whether you’re an investor, developer, or looking for a live/rent scenario, 2116 Marine checks all the boxes. Two Separate Units Front Unit A: 3 bedrooms, 2 bathrooms Back Unit B (carriage unit): 3 bedrooms, 2 bathrooms Back Unit Main Level: 4 Car Garage Each unit has its own laundry hookups, gas meter, and electric meter *Three separate the gas and electric meter for the utility room and the common area(patio) Added Value Features Zoned R3 – Medium Density Residential: Potential to add additional unit or ADU Ample parking and alley access Easy freeway access (110, 105, 405)

Nearby schools

8/10
Chapman Elementary School
Public,•K-5•0.2mi
8/10
One Hundred Fifty-Sixth Street Elementary School
Public,•K-6•0.4mi
4/10
Robert E. Peary Middle School
Public,•6-8•1.3mi
3/10
Gardena Senior High School
Public,•9-12•2.3mi
Condition Rating
Fair
The property was built in 1952. The kitchens and bathrooms appear to have been updated at some point, but they are not modern. The appliances are stainless steel but not high-end. The flooring appears to be a mix of hardwood and tile. Overall, the property appears to be in fair condition, requiring some updates but is still functional.
Pros & Cons

Pros

R3 Zoning: The R3 zoning allows for medium-density residential development, offering potential for adding additional units or an ADU, increasing property value and income potential.
Prime Location: Located minutes from SoFi Stadium, Intuit Dome, SpaceX, Tesla Design Center, and LAX, the property benefits from proximity to major employment and entertainment hubs, ensuring high tenant demand.
Income Potential: The property is a duplex with two separate units, each featuring 3 bedrooms and 2 bathrooms, providing immediate cash flow and the opportunity for a live/rent scenario.
Ample Parking: The property offers ample parking space and alley access, a valuable asset for tenants and future development.
Separate Utilities: Each unit has its own laundry hookups, gas meter, and electric meter, simplifying management and tenant billing.

Cons

Year Built: Built in 1952, the property may require updates to meet modern standards and preferences, potentially incurring renovation costs.
Potential Renovation: While offering cash flow, the property may need renovations to maximize rental income and attract higher-quality tenants.
Market Conditions: The high list price of $1,500,000 may present a barrier to entry for some investors, depending on current market conditions and financing options.

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