16506 S Denver Avenue, Gardena, CA 90248
Local realty services provided by:ERA Donahoe Realty
16506 S Denver Avenue,Gardena, CA 90248
$1,200,000
- 9 Beds
- 7 Baths
- 3,948 sq. ft.
- Multi-family
- Active
Listed by: carlos villegas
Office: exp realty of california inc888-584-9427
MLS#:26849205
Source:CRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$303.95
About this home
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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Home facts
- Year built:1965
- Listing ID #:26849205
- Added:56 day(s) ago
- Updated:August 14, 2026 at 11:19 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Living area:3,948 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1965
- Building area:3,948 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$303.95
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