16506 S Denver Ave, Gardena, CA 90248
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16506 S Denver Ave, Gardena, CA 90248
16506 S Denver Ave, Gardena, CA 90248
16506 S Denver Ave, Gardena, CA 90248
16506 S Denver Ave, Gardena, CA 90248

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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16506 S Denver Ave Gardena, CA 90248

9 Beds

7 Baths

3,948 SqFt

SOLD DATE : 08/25/2026

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,948 sqft

Price per Sqft $303

MLS Listing ID 26849205

Sold Date 08/25/26

Bedrooms 9

Year Built 1965

Lot Size 6,532 Sqft

Acres 0.1499

Property Sub-Type Multi-Family

Property Description

Exceptional opportunity to acquire a well-maintained 4-unit apartment building in the heart of Gardena, offering strong current income with significant upside potential. The property consists of two spacious 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, providing an attractive unit mix for a wide range of tenants.Each unit benefits from individual yard space, garage parking, and additional side parking amenities that are highly desirable and help support long-term tenant retention. The property has been well cared, recently completed exterior paint, and upgraded plumbing. Currently occupied by long-term tenants paying below-market rents, this asset presents a clear value-add opportunity for investors seeking future rental growth and increased cash flow. With low maintenance requirements and competitive pricing, the property is well-positioned for repositioning to maximize both income and equity appreciation. Conveniently located in a high-demand rental market near major freeways, employment centers, shopping, dining, and public transportation, this is an ideal investment for both seasoned and first-time multifamily investors looking to build long-term wealth through real estate. BEST PRICED IN THE IMMEDIATE AREA

Location

State CA

County Los Angeles

Area North Gateway

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s), Wall/Window

Equipment None

Exterior

Parking Features Attached, Detached

Building

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by eXp Realty of California Inc
Bought with Victory Realty Group

Nearby Locations

Sandra Williams

Sandra Williams

Broker Associate

+1(626) 893-5170

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