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$1,200,000
3 Days On Site

16506 S Denver Avenue
Gardena, CA 90248

For Sale|Residential Income|Active
9
Beds
7
Total Baths
3,948
SqFt
$304
/SqFt
1965
Built
County:
Los Angeles
Listed by Carlos Villegas of eXp Realty of California Inc [email protected]
16506 S Denver Avenue16506 S Denver Avenue16506 S Denver Avenue16506 S Denver Avenue
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Monthly Payment (Est.)

$5,475
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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

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Listing Snapshot
Price 
$1,200,000
Days On Site 
3 Days
Bedrooms 
9
Inside Area (SqFt) 
3,948 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1965
MLS® Number 
26849205
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.15
Attached Garage 
Yes
Levels 
Two
Parking 
Attached
Special Circumstances 
Standard
SqFt Total 
3948
Zoning 
LAR3
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
116 - North Gateway


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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