16506 S Denver Avenue, Gardena, CA 90248
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
16506 S Denver Avenue,Gardena, CA 90248
$1,200,000
- 9 Beds
- - Baths
- 3,948 sq. ft.
- Multi-family
- Active
Listed by: carlos villegas
Office: exp realty of california inc
MLS#:CL26849205
Source:Bay East, CCAR, bridgeMLS
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 #:CL26849205
- Added:45 day(s) ago
- Updated:August 03, 2026 at 02:23 PM
Rooms and interior
- Bedrooms:9
- Living area:3,948 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1965
- Building area:3,948 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$303.95
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