Active Under Contract

16506 S Denver Avenue

Gardena, CA 90248
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Bed 9

Bed

Bath 0

Bath

SqFt3,948

Sqft

SqFt6,532

Sqft(Lot)

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 fl ow. 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,200,000

AD Id : 85156499

MLS Id : 26849205

Beds : 9

Lot Size : 6,532 Sqft

Living Area Size : 3,948

Year Built : 1965

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 7
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1965
    Building Area Total: 3948
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 6532 Lot Size Acres: 0.15 Lot Size Square Feet: 6,532

  • Listing Price Information

    Listing Price: $1200000

  • Tax Information

    Parcel Number: 6121004020

  • Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: Waze.com
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15328 S San Pedro Street, Gardena, CA, 90248 $1,390,000 4 -- 2,450 2,450 SqFt
435 E Gardena Boulevard.., Gardena, CA, 90248 $295,000 2 2 1,040 1,040 SqFt
16101 S Figueroa, Gardena, CA, 90248 $2,950,000 -- -- 36,000 36,000 SqFt
16318 S Denver Avenue, Gardena, CA, 90248 $825,000 5 3 1,157 1,157 SqFt
16511 S Denver Avenue, Gardena, CA, 90248 $3,200,000 17 -- 9,528 9,528 SqFt
523 W 170th, Gardena, CA, 90248 $700,000 3 2 1,296 1,296 SqFt
15517 S Denver, Gardena, CA, 90248 $859,999 3 2 1,532 1,532 SqFt
132 Citrine Ct, Gardena, CA, 90248 $1,080,000 4 2 2,179 2,179 SqFt
17513 S Budlong, Gardena, CA, 90248 $915,000 3 2 1,512 1,512 SqFt
1051 W 184th, Gardena, CA, 90248 $945,000 4 2 1,613 1,613 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 15:45

MLS: 26849205 LISTED BY: Carlos Villegas, eXp Realty of California Inc 888-584-9427 SOURCE: CRMLS

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