16506 S Denver AVE, Gardena, CA 90248
$1,200,000
Est. payment /mo
$1,200,000
Est.Price: ?

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9 Beds
7 Baths
3,948 SqFt
SOLD DATE : 08/25/2026

Key Details

Sold Price $1,200,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 3,948 sqft

Price per Sqft $303

MLS Listing ID 26849205

Sold Date 08/25/26

Bedrooms 9

HOA Y/N No

Year Built 1965

Lot Size 6,534 Sqft

Property Description

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

Location

State CA

County Los Angeles

Area 116 - North Gateway

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6121004020

Special Listing Condition Standard

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Listed by Carlos Villegas eXp Realty of California Inc #01775788
Bought with Shegun Alabi Victory Realty Group

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Pratima Solanki

Pratima Solanki

+1(323) 816-3802

Agent License ID: 01998820

Agent License ID: 01998820

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