Active

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 : Residential Income

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 Bedrooms: 9

    Bathroom Information

    Total Baths: 7 Full Baths: 0 Half Baths: 0
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1965 Building Area Total: 3,948

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.15
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6532

  • Listing Price Information

    Original List Price: 1,200,000 Listing Contract Date: 2026-06-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6121004020

  • Garage and Parking

    Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 116 - North Gateway Directions: Waze.com Zoning: LAR3 Source Property Type: Residential Income Area: 116 - North Gateway
  • Building and Construction

    Property Age: 61 Year Built Source: Vendor Enhanced Total Square Feet Living: 3948 Levels or Stories: Two Building Total Stories: 2
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ByOwner last updated this listing 06/19/2026 @ 07:54

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

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