16720 S Dalton Avenue, Gardena, California 90247, Gardena, 90247 - 5 bed, 4 bath
ACTIVE$2,100,000
16720 S Dalton Avenue, Gardena, California 90247
5Beds
4Baths
4,494Sqft
7,502Lot
Year Built
1988
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$467
HOA
-
Days on market
-
Sold On
-
MLS number
PW25229975
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.10M(50th), sqft - 4494(50th), beds - 5(50th), baths - 4(50th).
Excellent investment opportunity for well kept and upgraded 5 units apartment building in the heart of Gardena with a pride of ownership. One unit is 3 Br/2.5 Ba with 2 car garage, the other four units are all 2 Br/1 Ba with carports. The 3 Br unit has its own laundry hookups inside the unit, and the other four 2 Br units use a common laundry facility at site. All utilities are metered separately, except for water.
Nearby schools
6/10
Denker Avenue Elementary School
Public,•K-5•0.3mi
8/10
Lincoln Elementary School
Public,•K-5•1.0mi
5/10
Gardena Elementary School
Public,•K-5•1.0mi
4/10
Amestoy Elementary School
Public,•K-5•1.3mi
4/10
Robert E. Peary Middle School
Public,•6-8•0.3mi
6/10
Casimir Middle School
Public,•6-8•1.1mi
3/10
Gardena Senior High School
Public,•9-12•1.0mi
8/10
North High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
10/01/25
Listing
$2,100,000
08/24/22
Sold
$1,750,000
Condition Rating
Fair
The property, built in 1988, is well-maintained and appears clean, as stated in the description and visible in the images. However, the kitchens and bathrooms feature dated elements such as light wood cabinets, laminate countertops, older white appliances, linoleum flooring, and fluorescent lighting. While functional, these areas show clear signs of being outdated and have not undergone a major modern renovation, aligning with the 'Fair' condition criteria for a property of its age (36 years old).
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as an 'Excellent investment opportunity' and a 'pride of ownership' property, suggesting good condition and income-generating capabilities.
Diversified Income Stream: A 5-unit apartment building provides multiple rental incomes, which helps mitigate risk and offers scalability compared to single-family investments.
Favorable Utility Structure: All utilities are separately metered, except for water, which significantly reduces landlord operating expenses and simplifies tenant billing for most services.
Desirable Unit Mix & Amenities: The property features a spacious 3 Bed/2.5 Bath unit with a 2-car garage and in-unit laundry, alongside four 2 Bed/1 Bath units with carports, catering to a broad tenant base.
Well-Kept Condition: Described as 'well kept and upgraded,' indicating the property is in good condition, potentially minimizing immediate capital expenditures for a new owner.
Cons
Shared Water Utility Expense: Water utilities are not separately metered for all units, meaning the landlord will be responsible for this potentially significant operating cost across all five units.
Partial Common Laundry Facility: Four out of five units rely on a common laundry facility, which may be less convenient for tenants and requires ongoing management and maintenance compared to individual in-unit options.
Lack of Specific Upgrade Details: While 'upgraded' is mentioned, the description lacks specific details on the nature or extent of these improvements, making it difficult to fully assess the property's current condition and future maintenance needs.