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$3,200,000
18 Days On Site

16511 S Denver Avenue
Gardena, CA 90248

For Sale|Residential Income|Active
17
Beds
16
Total Baths
9,528
SqFt
$336
/SqFt
1988
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
16511 S Denver Avenue16511 S Denver Avenue16511 S Denver Avenue16511 S Denver Avenue
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16-Unit Investment Opportunity in Gardena P.O.: 12-unit structure and 4-unit structure, situated on a large 12,831-SF corner lot. Favorable Rent Control Profile: 12 units were built in 1988 and are not subject to LA City Rent Control (AB 1482 only) and 4 units were built in 1965 and are subject to L.A. RSO. Large Corner Lot with ADU Potential: Expansive lot and ample parking areas present a desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.77% current cap rate and 10.91 GRM with upside to a 7.13% pro-forma cap rate and 9.41 GRM. Recent Capital Improvements: Features newer windows and doors, 6 renovated units, a new roof on the 12-unit building (2018), copper plumbing for both buildings, a new main water line, newer sewer line (2021/2022), and the property passed the SB 721 balcony inspection. Attractive Property Amenities: Gated property featuring 24 total parking spaces and an on-site laundry facility. Convenient South Bay Location: Located approximately one-half mile from Artesia Boulevard and in close proximity to Pacific Square Shopping Center & Gardena Marketplace.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
18 Days
Bedrooms 
17
Inside Area (SqFt) 
9,528 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2946 Acres
Year Built 
1988
MLS® Number 
26857357
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.2946
Garage 
Yes
Garage Spaces 
4
Levels 
TwoThree Or More
Number Of Stories 
3
Parking 
CoveredGarageTandem
Parking Spaces 
24
Security 
Gated Community
Special Circumstances 
Standard
SqFt Total 
9528
Zoning 
LAR3
Interior Features
Appliances 
Washer
Laundry Features 
Common AreaLaundry Room
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Community Features
Community Features 
Gated
MLS Area 
116 - North Gateway
Listing courtesy of Jonathan Nikfarjam of Shield CRE, Inc.

Based on information from the The MLS as of 2026-07-27 05:45 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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