16418 South Manhattan Place

Gardena, CA 90247

$1,620,000
Price
9
Beds
5
Baths
4,554 Sq. Ft.
$356 / Sq. Ft.
4,554
Sq. Ft.
$356
per Sq. Ft.

Description

Exceptional Quadplex Investment Opportunity at 16418 S. Manhattan Place, Gardena
Presenting a true gem for investors—a trophy quadplex with incredible curb appeal in a prime Gardena location. This meticulously maintained property boasts four units, three of which have been beautifully updated to enhance their modern appeal and desirability. A brand-new roof, installed in 2024, adds long-term value and peace of mind for the next owner. Each unit is paired with a private 2-car garage, a rare and highly
...Exceptional Quadplex Investment Opportunity at 16418 S. Manhattan Place, Gardena

Presenting a true gem for investors—a trophy quadplex with incredible curb appeal in a prime Gardena location. This meticulously maintained property boasts four units, three of which have been beautifully updated to enhance their modern appeal and desirability. A brand-new roof, installed in 2024, adds long-term value and peace of mind for the next owner. Each unit is paired with a private 2-car garage, a rare and highly sought-after feature that further enhances tenant satisfaction and rental potential. Situated in a desirable neighborhood, this property offers a blend of style, convenience, and practicality, making it a standout addition to any investment portfolio. Whether you're a seasoned investor or looking for a signature property to elevate your holdings, this quadplex delivers on all fronts.
  1. Listed by Daniel Assayag • DRE #01762501 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty
  2. Listed by Tania Peterson • DRE #01879653 • Brokerage DRE #01922362 • Vista Sotheby's International Realty

Property Details for 16418 South Manhattan Place

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4554
Assessor Parcel Number
4066-025-026
Property Attached YN
true
LISTING UPDATED: 01/03/2025 06:30 AM

Property Details for 16418 South Manhattan Place

StatusActive
MLS #SB24227968
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1981
Lot Size0.18 AC / 7,848 SF
CountyLos Angeles County

Building Information for 16418 South Manhattan Place

Stories2Residences-Year Built1981Building Size-Lot Size0.18 AC / 7,848 SF

Property Information for 16418 South Manhattan Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $106,800
  • Gross Scheduled Income: $106,800
  • Net Operating Income: $85,800
Expense Details
  • Operating Expense: $21,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $21,000
Tax / Assessment Info
  • Tax Block: 27
  • Tax Tract Number: 603...
  • Tax Census Tract: 6033.02
  • CFD/Mello-Roos Fee: $1,087
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room
Exterior Features
  • Entry Location: Second Floor
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,600
  • Unit Type Total Rent: $3,600
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 16418 South Manhattan Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16418 South Manhattan Place

Taxable ValueLand$191,394Additions$574,229Total$765,623
Tax Record2024$10,182 ($848 / month)
Home Facts
Total Finished SqFt4,554 SqFtAbove Grade Finished SqFt4,554 SqFtLot Size7,846 SqFtStyleQuadraplexYear Built1981ZoningGAR2CountyLOS ANGELESAPN4066-025-026

Schools near 16418 South Manhattan Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Denker Avenue Elementary School
PublicK to 5

New Designs Charter School-Watts
Charter6 to 12

Gardena Senior High School
Public9 to 12

Moneta Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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16418 South Manhattan Place is a multi-family home for sale in Gardena, CA 90247. This property was listed for sale on December 5, 2024 by Vista Sotheby’s International Realty, it's currently listed at $1,620,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Denker Avenue Elementary School, New Designs Charter School-Watts and Gardena Senior High School. 16418 South Manhattan Place is a 9-bed, 5-bath, 4,554 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Daniel Assayag, DRE #01762501; Vista Sotheby's International Realty, Tania Peterson, DRE #01879653

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.