16911 S Raymond Place
About This Property
The main level features a highly desirable open concept floor plan. The kitchen has beautiful oak cabinets, quartz counters & peninsula island, recessed lighting & newer stainless steel appliances. It opens out to the dining area and living room, with gas fireplace to keep you warm and cozy.
The upper level consists of a large master bedroom, including a vanity & 3/4 bath, 2 other bedrooms and a full bath. Each bedroom has large full-length mirrored closets.
Stepping down into the lower level, you enter an expansive and peaceful family room that draws your attention to the lush & spacious back yard. The room also includes direct access/entry from the attached 2-car garage, a laundry area, wet bar, 1/2 bath and a massive mirrored closet.
Outside, you can relax on the patio with pergola or in the serene secret garden on the side of the house. From the patio, you also access the huge storage area under the entire main level of the house.
The entire exterior has been upgraded with a new TexCote COOLWALL heat-reflective finish and a new Owens Corning COOL roofing system. Both have a lifetime (50-year) warranty. Other features are central heating & A/C and monitored security system.
Situated in a great quiet neighborhood & close to markets, restaurants, entertainment & park, commuter-friendly location with easy access to the 91/110/405 freeways.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 7, 2025 | Listed by Pinnacle Real Estate Group | $968,000 | |
| Listed by Pinnacle Real Estate Group | |||
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Welcome to this warm and inviting tri-level home offering 4 bedrooms and 3 baths, located in one of Gardena’s most desirable neighborhoods. Recently refreshed with new interior paint and flooring, this move-in ready residence blends comfort with modern updates.
The main level features a bright open floor plan, seamlessly connecting the dining area and kitchen. Upstairs, you’ll find three bedrooms and two bathrooms, including a comfortable primary suite.
The lower level has been designed as a private bedroom suite, complete with a bath, laundry area, and direct garage access. From here, step into the beautifully landscaped backyard, featuring a serene patio with pergola and lush greenery. The seller has also added a fully enclosed sunroom suite currently used as a gym, and it comes with a complete set of fitness equipment.
This home offers versatile living spaces, thoughtful upgrades, and a quiet location—an excellent opportunity in Gardena’s most sought-after community.
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| Apr 29, 2019 | Sold | ||
| Sold | |||
| Feb 5, 2019 | Listed by Keller Williams South Bay | $733,000 | |
| Listed by Keller Williams South Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017