16701 S Denver Avenue, Gardena, CA 90248
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
16701 S Denver Avenue,Gardena, CA 90248
$874,999
- - Beds
- - Baths
- 3,048 sq. ft.
- Multi-family
- Active
Listed by:woody stahl
Office:lyon stahl investment real est
MLS#:PW25197083
Source:CRMLS
Price summary
- Price:$874,999
- Price per sq. ft.:$287.07
About this home
16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena, offering close proximity to major employment hubs and excellent freeway access. The property features a unit mix of (1) 2-Bed/1.5-Bath and (3) 1-Bed/1-Bath units, with 2 attached 2-car garages. The building totals 3,048 SF of living space on a 5,067 SF lot, priced attractively at $287.07/SF and $218,750 per unit. Current financials reflect a 4.24% CAP and 13.76 GRM, with a strong value-add opportunity to achieve an 7.29% market CAP and 9.55 GRM, representing 44% rental upside.
The property benefits from a central South Bay location with easy access to the 110, 91, and 405 freeways, placing tenants within 20 minutes of Downtown Los Angeles, LAX, and Long Beach. With its strategic location, stable in-place income, and clear potential for growth, 16701 S Denver Ave represents a strong investment opportunity for value-add investors and 1031 exchange buyers seeking a well-positioned asset in the South Bay market.
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Home facts
- Year built:1965
- Listing ID #:PW25197083
- Added:1 day(s) ago
- Updated:September 03, 2025 at 12:24 AM
Rooms and interior
- Living area:3,048 sq. ft.
Structure and exterior
- Year built:1965
- Building area:3,048 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$874,999
- Price per sq. ft.:$287.07
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