16938 S Dalton Avenue, Gardena, California 90247, Gardena, 90247 - bed, bath
ACTIVE$2,350,000
16938 S Dalton Avenue, Gardena, California 90247
0Bed
0Bath
4,892Sqft
8,103Lot
Year Built
1989
Close
-
List price
$2.35M
Original List price
$2.35M
Price/Sqft
$480
HOA
-
Days on market
-
Sold On
-
MLS number
PW25072695
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $2.35M(75th), sqft - 4892(75th), beds - undefined(50th), baths - undefined(50th).
LOCATED IN THE DESIRABLE SOUTH GARDENA NEIGHBORHOOD, THIS WELL-MAINTAINED MULTI-UNIT PROPERTY SITS ON A SPACIOUS 8,100 SQ.FT. LOT AND OFFERS A GREAT MIX OF UNITS, INCLUDING A 4-BEDROOM TOWNHOUSE WITH A PRIVATE FRONT YARD AND IN-UNIT WASHER/DRYER HOOKUPS, A 2-BEDROOM TOWNHOUSE, AND ADDITIONAL 2-BEDROOM UNITS. BUILT IN 1989, THE PROPERTY FEATURES AMPLE PARKING AND A QUIET RESIDENTIAL SETTING WHILE BEING CONVENIENTLY CLOSE TO SHOPPING, RESTAURANTS, AND MAJOR FREEWAYS (110 & 405), PROVIDING EASY ACCESS TO EMPLOYMENT HUBS. WITH NO RENT CONTROL (NO RSO), THIS IS A GREAT OPPORTUNITY FOR INVESTORS OR OWNER-OCCUPANTS.
Nearby schools
6/10
Denker Avenue Elementary School
Public,•K-5•0.5mi
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•1.4mi
4/10
Robert E. Peary Middle School
Public,•6-8•0.4mi
6/10
Casimir Middle School
Public,•6-8•1.1mi
3/10
Gardena Senior High School
Public,•9-12•0.9mi
8/10
North High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
01/16/19
Sold
$1,469,000
12/12/07
Sold
$1,200,000
07/31/03
Sold
$650,000
Condition Rating
Fair
Built in 1989, this property is 35 years old. The exterior appears well-maintained for its age, but the architectural style and visible components (windows, stucco) are dated, suggesting no major recent renovations. The description states 'well-maintained' but does not mention any extensive updates to kitchens or bathrooms. Without interior images, particularly of these key areas, it's assumed they are functional but likely original or have undergone only minor, older updates, aligning with the 'Fair' category for a property of this age with regular upkeep.
Pros & Cons
Pros
No Rent Control (No RSO): The property is explicitly stated to have no rent control (No RSO), offering significant flexibility for investors to adjust rents and maximize returns without local restrictions.
Multi-Unit Income Property with Diverse Mix: As a quadruplex, this residential income property provides multiple revenue streams. It features a desirable unit mix, including a 4-bedroom townhouse with a private front yard and in-unit washer/dryer hookups, alongside 2-bedroom townhouses and additional 2-bedroom units, appealing to a broad tenant base.
Desirable Location & Accessibility: Located in a 'desirable South Gardena neighborhood,' the property offers convenient access to shopping, restaurants, and major freeways (110 & 405), facilitating easy commutes to employment hubs.
Spacious Lot & Ample Parking: Sitting on a spacious 8,100 sq.ft. lot, the property provides ample parking, a highly sought-after amenity for multi-unit residences that enhances tenant satisfaction and property value.
Relatively Newer Construction & Well-Maintained: Built in 1989, the property is relatively newer compared to many multi-unit buildings in established areas and is described as 'well-maintained,' suggesting potentially lower immediate capital expenditure for major repairs.
Cons
High Entry Price Point: The list price of $2,350,000 represents a substantial capital investment, which may limit the pool of potential buyers and could require strong market justification for its value in the Gardena area.
Varying School Performance: While some nearby schools have strong ratings (e.g., North High and Lincoln Elementary at 8), others have lower ratings (e.g., Gardena Senior High at 3, Robert E. Peary Middle at 4), which could be a consideration for families prioritizing consistent top-tier education.
Absence of Current Financials: The property description lacks crucial financial details such as current rental income, occupancy rates, and operating expenses, which are essential for investors to conduct thorough due diligence and accurately assess potential return on investment.