16511 S Denver Avenue
Gardena, CA 90248
17
Bed
0
Bath
9,528Sqft
12,831Sqft(Lot)
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 (2021/20
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 17Bathroom Information
Total Baths: 16 -
Interior Features
Appliances: WasherLaundry Features: Common Area, Laundry Room
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Building Information
Year Built: 1988Building Area Total: 9528Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 12831 Lot Size Acres: 0.2946 Lot Size Source: Estimated Lot Size Square Feet: 12,831
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Listing Price Information
Listing Price: $3200000
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Tax Information
Parcel Number: 6121004038
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Virtual Tour
Parking Information
Parking Total: 24 Covered, Garage, TandemGarage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: West of Figueroa Street, South of Gardena Boulevard, East of 110 Freeway, North of 168th Street Security Features: Gated Community
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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 |
| 16506 S Denver Avenue, Gardena, CA, 90248 | $1,200,000 | 9 | -- | 3,948 | 3,948 SqFt |
| 132 Citrine Ct, Gardena, CA, 90248 | $1,080,000 | 4 | 2 | 2,179 | 2,179 SqFt |
| 1112 Felder, Gardena, CA, 90248 | $800,000 | 3 | 1 | 1,325 | 1,325 SqFt |
| 1051 W 184th, Gardena, CA, 90248 | $965,000 | 4 | 2 | 1,613 | 1,613 SqFt |
| 1130 W 186th, Gardena, CA, 90248 | $1,472,500 | 4 | 3 | 1,960 | 1,960 SqFt |
| 1130 W 186th, Gardena, CA, 90248 | $1,472,500 | -- | -- | 2,770 | 2,770 SqFt |
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ByOwner last updated this listing 07/22/2026 @ 19:33
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