Lathaniel Burrell was found injured in Paradise Road shortly before 3.20pm yesterday (March 4).
Officers and London Ambulance Service crews attended, however, the 16-year-old was pronounced dead shortly after.
No arrests have been made and a crime scene remains in place.
Lathaniel was described as a “very nice boy” who got “wrapped up in the wrong crowd” by residents in the area who knew him, as reported by the Metro.
Another local said: “He lived around here. He was well known. A nice guy but got in with the wrong crowd.”(Image: Met Police)
A man who said he was the boy’s uncle, who asked not to be named, claimed the gunmen posed as delivery drivers.
Detective Chief Inspector Sarah Lee said: “This is a horrendous crime, which has shocked the local community and beyond.
“Our thoughts are with Lathaniel’s family and friends at this devastating time.
“Our investigation is continuing at pace, examining CCTV and collecting witness statements.
“We have deployed officers to the area on reassurance patrol, and have officers on the ground engaging with the local schools.
“We need the help of the public too – if you were in the local area please think remember back to yesterday afternoon and come forward with any information, no matter how small.
“We are particularly keen to speak to anyone who has any mobile phone or dash cam footage from the area surrounding Paradise Road.”
Witnesses and those with information are asked to call the police on 101 with the reference 4116/4MAR.
You can also contact the independent charity Crimestoppers on 0800 555 if you want to remain anonymous.