16506 S Denver Avenue Gardena, CA $ 1,200,000
16506 S Denver Avenue
$ 1,200,000
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16506 S Denver Avenue

Gardena, CA, 90248
$ 1,200,000
Bedrooms9 Baths1.0 Sq 3,948

Monthly Estimate*

$ 7,389

Listed by eXp Realty of California Inc
16506 S Denver Avenue, Gardena, CA 90248 - Image 1
16506 S Denver Avenue, Gardena, CA 90248 - Image 2
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16506 S Denver Avenue, Gardena, CA 90248 - Image 4
16506 S Denver Avenue, Gardena, CA 90248 - Image 5
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16506 S Denver Avenue, Gardena, CA 90248 - Image 8
16506 S Denver Avenue, Gardena, CA 90248 - Image 9
16506 S Denver Avenue, Gardena, CA 90248 - Image 10
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16506 S Denver Avenue, Gardena, CA 90248 - Image 12
16506 S Denver Avenue, Gardena, CA 90248 - Image 13
16506 S Denver Avenue, Gardena, CA 90248 - Image 14

Multi-Family Home for sale in Gardena, CA

for $1,200,000 with 9 bedrooms and 1 full bath. This 3,948 square foot home was built in 1965 on a lot size of 0.15.

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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Multi-Family Active

Price

$ 1,200,000

Bedrooms

9

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1965

Town/City

Gardena

County/Region

Los Angeles

MLS | Web ID

26849205

Days on Market

2

Features
General
Living Area 3948
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1965
Stories Count 2
Levels Two
Gross Income 101567
County Los Angeles
Net Operating Income 75489
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Waze.com
City Gardena
Senior Community Y/N false
Number Of Units Total 4
MLS Area 116 - North Gateway
Lot Size Units Square Feet
Lot Size Square Feet 6532
Standard Status Active
Cap Rate 6.29
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Interior
Total Stories 0
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 9
Total Baths 7
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Exterior
Total Parking 0
Lot Size Area 6532
Number of Buildings 4
Building Area Total 3948
Lot Size Acres 0.15
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* Excluded Features
List By
Exp Realty Of California Inc

Broker

mybrokercarlosv@gmail.com

Email

Affordability Calculator

$7,389
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Monthly Principal & Interest
$7,389
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$1,200,000 Listed Price

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16506 S Denver Avenue, Gardena, CA, 90248 is a Multi-Family Home for sale at $1,200,000 with 3,948 sqft and a lot size of 0.15. 16506 S Denver Avenue has 9 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 90248 which is in Gardena, CA