$1,450,000
A rare opportunity to acquire a fully occupied, income-producing quadruplex in the heart of the South Bay. 16421 S. Manhattan Place offers 4 well-maintained units with a compelling mix of floor plans, dedicated parking for each tenant, and meaningful capital improvements already in place, the kind of asset that performs from day one without demanding attention from its owner. What sets this property apart is the care with which it has been maintained. The current owner has treated this investment with a level of attention rarely seen, proactively addressing repairs, preserving the condition of each unit, and completing upgrades on a timeline that reflects genuine pride of ownership. The result is a property that looks, feels, and functions the way a well-run building should. The front owner's unit anchors the property with a spacious 3-bedroom, 2-bath layout and the convenience of a private 2-car garage. The back unit spans two levels with 2 bedrooms and 1.5 baths, featuring a renovated kitchen and updated upstairs bathroom, plus a private 1-car garage and an additional parking space. The two remaining units are each 2 bed/1 bath: each with their own garage or dedicated carport. Recent improvements, including a new roof, dual-pane windows, and fresh exterior paint, further reflect the meticulous stewardship that has defined this ownership. The location adds another layer of appeal. Tenants enjoy easy access to a variety of local restaurants and neighborhood markets, with the everyday conveniences of the South Bay just minutes away. Commuters benefit from quick access to the 110, 405, and 91 freeways, connecting residents to downtown Los Angeles, the beach cities, and beyond with ease. For the investor seeking a low-maintenance, income-ready asset with solid bones, a meticulously maintained property, and a location that tenants genuinely value, this Gardena quadruplex delivers on every front.
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Listed by Kai Ito with Compass (310) 241-3038
Property Type
Quadruplex
Status
Active
MLS Number
SB26114158
Year Built
1973
Lot Size
7,976 sq ft