
Gardena, California 90247
This Value-Add End-Unit Townhouse presents a stable opportunity in Merit Park with a List Price of $624,900, positioned near its $605,577 Fair Market Value. Boasting a Condition Rating of 4, the 1,489 sq ft layout features original finishes, offering significant upside through modernization. Rare highlights include three dedicated parking spaces, a private courtyard, and access to a community pool. Located near top-rated North High School, this property is a prime asset acquisition for Value-Add Investors or Owner-Occupants looking to build equity through customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46 Merit Park Drive Subject | $624,900* List Price | 2 | 3 | 1,489 | $407 | - |
A 23 Merit Park Drive Sold | $635,000 | 3 | 2 | 1,209 | $525 | 0.0 mi |
B 16008 La Salle Avenue 11 Sold | $590,000 | 3 | 3 | 1,350 | $437 | 0.3 mi |
C 15205 S Budlong Avenue 9 Sold | $525,000 | 2 | 3 | 1,133 | $463 | 0.5 mi |
D 15205 S Budlong 1 Sold | $531,000 | 2 | 3 | 1,133 | $469 | 0.5 mi |
E 14700 S Berendo 13 Sold | $495,000 | 2 | 2 | 1,212 | $408 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but features mostly original 1963 finishes, including popcorn ceilings, dated kitchen cabinetry with tile countertops, and older bathroom vanities and fixtures. While functional and move-in ready, the home shows its age and requires cosmetic modernization to meet current style standards.
As a desirable end-unit, this home offers 1,489 sq ft of light-filled living space, providing more privacy and natural light than standard interior units.
Rare for a townhouse, the property features a 1-car garage plus two additional driveway spaces, totaling three dedicated spots in addition to ample guest parking.
The living and dining areas open directly to a private courtyard, creating a functional outdoor retreat that is ideal for entertaining and relaxation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =201455, other record lot size in square feet = 201360.
The home retains its original 1963 finishes, which will require a significant capital investment from the buyer to modernize and customize the space.
The $460 monthly HOA fee represents a substantial recurring carrying cost that may impact the overall affordability for some buyers.
First time on the market in over 20 years, this well-maintained end-unit home presents a rare opportunity to create your vision in the desirable Merit Park community of Gardena. With 1,489 sq ft of living space, this 2-bedroom, 2.5-bath home offers a spacious and functional floor plan ready for your personal touch. The light-filled living and dining areas flow seamlessly together and open to a private courtyard --ideal for indoor/outdoor living, entertaining, or simply enjoying your own outdoor retreat. The kitchen features a newer cooktop and is open to the dining area, offering a great foundation for future updates. Upstairs, the generously sized primary suite includes ample closet space and an en-suite bathroom. An additional bedroom and full bathroom provide flexibility for guests or a home office. While the home reflects its original finishes, it has been well cared for over the years--making it a fantastic opportunity for buyers looking to update and customize to their own style. Additional features include a laundry area in the home, a half bath downstairs convenient for guests, a 1-car garage, and two additional parking spaces in the driveway along with ample guest parking. Residents of Merit Park enjoy access to a community pool and clubhouse, all conveniently located near shopping, dining, community centers, and easy freeway access. Bring your imagination and unlock the potential--this is a rare chance to create something truly special in a well-established and sought after community.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,489 | 1,431 | 57% |
| Lot Size | 201,455 | 18,006 | 95% |
| Price | $624.9K | $715.0K | 38% |
| Price per sq ft | $420 | $443 | 43% |
| Built year | 1963 | 1992 | 5% |
| HOA | $460.0 | $300 | 95% |
| Days on market | 12 | 142 | 5% |
Apr 10, 2026
$624,900
Initial Listing
Nov 5, 1996
$150,000
Public Record
Jul 15, 1996
$108,000
Public Record