$1,450,000
16421 S Manhattan Place, Gardena CA 90247
Multi-Family (Fourplex)
Property type
8 days
On market
$351
Price per sqft
4 cars
Garage
1973
Year built
7,977 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Kai Ito DRE #01408887 310-894-6787, Compass, Jennifer Orio DRE #01742843, Compass
Listing updated: Jun 2, 2026 at 09:53pm.
Last checked: Jun 2, 2026 at 10:30pm
Source: CRMLS #SB26114158
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 1 | $2,100 | $2,100 | $3,300 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,900 | $1,900 | $2,700 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,600 | $1,600 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,600 | $1,600 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Dishwasher: 4
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $7,200
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
16.8x
List Price / Annual Gross Rent
Cap Rate
5.42%
NOI / List Price
Gross Scheduled Income: $86,400
Operating Expense: $7,788
Net Operating Income: $78,612
Annual Operating Expenses
Electric: $103
Fuel: $204
Insurance: $3,191
Trash: $0
Water / Sewer: $4,290
Interior
Interior Features: Laminate Counters
Room Type: Kitchen, Living Room
Flooring: Laminate, Tile
Cooling: None
Heating: Forced Air, Wall Furnace
Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
Fireplace: Living Room
Laundry: Common Area, Inside
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Door Features: Sliding Doors
Roof: Composition, Shingle
Window Features: Double Pane Windows
Common Walls: One Common Wall, No One Above, No One Below
Lot Features: Front Yard
Pool: None
Spa: None
Fencing: Block, Wrought Iron
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: None
Garage and Parking
Parking: Carport, Garage, One Space
Garage Spaces: 4
Uncovered Spaces: 0
Carport Spaces: 4
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4066024015
Additional Parcels: No
Tax Lot: 17
Tax Block: 26
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 16421 S Manhattan Place, Gardena, CA 90247. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,160,000
Total Interest
$1,479,516
Total Payment
$2,639,516
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,992
per month
Property History for 16421 S Manhattan Place
Gardena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90247.
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