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$1,200,000
38 Days On Site

16506 S Denver Avenue
Gardena, CA 90248

For Sale|Residential Income|Active Under Contract
9
Beds
7
Total Baths
3,948
SqFt
$304
/SqFt
1965
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
16506 S Denver Avenue16506 S Denver Avenue16506 S Denver Avenue16506 S Denver Avenue
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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 
38 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 Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active Under Contract
a month 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
Listing courtesy of Carlos Villegas of eXp Realty of California Inc

Based on information from the The MLS as of 2026-07-27 04:00 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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