16720 S Dalton Avenue, Gardena, California 90247, Gardena, 90247 - bed, bath
ACTIVE$2,100,000
16720 S Dalton Avenue, Gardena, California 90247
0Bed
0Bath
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
PW25253771
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.10M(50th), sqft - 4494(50th), beds - undefined(50th), baths - undefined(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
11/05/25
Listing
$2,100,000
08/24/22
Sold
$1,750,000
Condition Rating
Fair
The property was built in 1988, making it 36 years old. While the listing states it is 'well kept and upgraded,' and the exterior images show a clean and maintained appearance, there are no interior photos provided to assess the condition, style, or features of the kitchens and bathrooms, or other interior spaces. For a property of this age, without visual evidence of recent, extensive renovations, it's likely that interior components, especially kitchens and bathrooms, may be functional but show signs of being outdated or require minor updates to meet current standards. The 'upgraded' status likely refers to general maintenance and functional improvements rather than a full modern renovation.
Pros & Cons
Pros
Excellent Investment Opportunity: The property is explicitly marketed as an 'Excellent investment opportunity,' indicating strong potential for rental income and appreciation in a desirable market.
Multi-Unit Income Property: Comprising 5 units, this property offers diversified income streams and economies of scale, reducing risk compared to single-family rentals.
Favorable Unit Mix: The property includes a spacious 3 Bedroom/2.5 Bathroom unit with a 2-car garage, alongside four 2 Bedroom/1 Bathroom units, catering to a wider range of tenant needs.
Separately Metered Utilities: All utilities, except water, are separately metered, significantly reducing the landlord's operating expenses and promoting tenant accountability for usage.
Prime Location: Located in the 'heart of Gardena,' the property benefits from a central and potentially high-demand area, contributing to tenant attraction and retention.
Cons
Shared Water Utility: Water is not separately metered for the units, meaning the landlord is responsible for this potentially significant and variable expense, which can impact net operating income.
Partial Common Laundry: While one unit has in-unit laundry, four units rely on a common laundry facility, which may be less convenient for tenants and requires ongoing maintenance and management.
Building Age: Built in 1988, the property's systems and finishes, despite being 'upgraded,' may be approaching an age where major capital expenditures for replacements or modernizations could be anticipated.