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16516 S Manhattan Place

Gardena, CA 90247
  • $1,595,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: PW22159262
Price Reduced
UPDATED: 60 min ago
$1,595,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Listing Agent(s): Tracy Ishino of Legacy Real Estate (714-625-2041)


Description

RARE ONE OF A KIND TRIPLEX! Owners 3 bedroom front home stands alone (1,929 sf) and is separate and not part of the rear 2 apartment/town home units (992 sf each) with its own front and private back yards! If you plan to live in the front owners home then the 2 rear apartments should rent for a total of $5,000/month and will pay for the majority of your home ownership. If you are purchasing for an investment then the proforma cap rate is 4.8% with easy to manage long term and well qualified tenants. The separate rear 2 apartment/town home units interiors have been completely refurbished with new kitchens, bathrooms, energy efficient white vinyl windows, flooring, all doors, molding and fixtures have been replaced and are basically brand new so should give no repair or maintenance problems. The front home was mildly remodeled and updated from the original with updated laminate floors and. new appliances.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T21:34:04.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
www.livelovebeachcities.com/homes/131067204
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16516 S Manhattan Place Gardena, CA 90247

  • Price: $1,595,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 60 min ago
  • ID#: PW22159262
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1977
Built
Neighborhood:
119 - Central Gardena
County:
Los Angeles
Area:
119 - Central Gardena
Property Description
RARE ONE OF A KIND TRIPLEX! Owners 3 bedroom front home stands alone (1,929 sf) and is separate and not part of the rear 2 apartment/town home units (992 sf each) with its own front and private back yards! If you plan to live in the front owners home then the 2 rear apartments should rent for a total of $5,000/month and will pay for the majority of your home ownership. If you are purchasing for an investment then the proforma cap rate is 4.8% with easy to manage long term and well qualified tenants. The separate rear 2 apartment/town home units interiors have been completely refurbished with new kitchens, bathrooms, energy efficient white vinyl windows, flooring, all doors, molding and fixtures have been replaced and are basically brand new so should give no repair or maintenance problems. The front home was mildly remodeled and updated from the original with updated laminate floors and. new appliances.
Exterior Features

Architectural Style Spanish Carport Spaces 0 Construction Materials Stucco Direction Faces East Foundation Details Slab Lot Features 2-5 Units/AcreBack YardFront Yard Number Of Separate Electric Meters 3 Open Parking Spaces 0 Parking Features Door-MultiDirect AccessGarageGarage Door Opener Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Spanish Tile Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Accessible Doors Appliances DishwasherElectric RangeGas RangeIce MakerRange HoodWater Heater Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Central Heating YN Yes Interior Features Ceiling Fan(S)Open FloorplanAll Bedrooms Up Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.8 Common Interest None Community Features Storm Drain(S)Street Lights Contingency None Current Financing Conventional Electric Electricity - On PropertyStandard Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 108000 Insurance Expense 0 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 81000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 27000 Other Equipment Satellite Dish Possession Close Of Escrow Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 7000 Trash Expense 0 Utilities Cable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 0 Water Source Private Zoning Gar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T21:34:04.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
 
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Bathurst Coastal Properties | Compass
2141 Rosecrans Ave, Suite 1120
El Segundo CA, 12345
Listing Agent(s): Tracy Ishino of Legacy Real Estate (714-625-2041)