$1,200,000
16404 Gramercy Place, Gardena CA 90247
Multi-Family (Duplex)
Property type
38 days
On market
$671
Price per sqft
2 cars
Garage
1963
Year built
8,068 sqft
Lot size
Home highlights
Open Houses
Overview
Unique duplex situated on a corner lot with two separate homes, each offering its own private entrance, yard space, and distinct street frontage. Building #1 faces Gramercy Place and features approximately 836 square feet with 2 bedrooms and 1 bathroom. This unit offers a no-carpet interior, granite countertops, washer and dryer hookups, wall heater, front yard, and...
Listing provided by: Kathy Jenkins DRE #01048490 310-643-5267, Andalusian Creek Property Management
Listing updated: May 12, 2026 at 10:02pm.
Last checked: Jun 15, 2026 at 07:30pm
Source: CRMLS #SB26101435
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,280 | $2,280 | $2,700 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,280 | $2,280 | $2,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: No
Units Leased: 2
Total Actual Rent: $54,720
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
21.9x
List Price / Annual Gross Rent
Cap Rate
4.2%
NOI / List Price
Gross Scheduled Income: $54,720
Operating Expense: $4,359
Net Operating Income: $50,361
Annual Operating Expenses
Electric: $0
Gardener: $480
Fuel: $0
Insurance: $1,631
Maintenance: $2,000
Pest Control: $248
Trash: $0
Water / Sewer: $0
Interior
Cooling: None
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup, In Kitchen
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Concrete, Direct Access, Driveway, Garage Faces Front, Garage, Off Street
Garage Spaces: 2
Uncovered Spaces: 4
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4066023001
Additional Parcels: No
Tax Lot: 1
Tax Block: 25
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban, Sidewalks