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16511 S Denver Avenue, Gardena, CA 90248

Gardena
Local realty services provided by:CENTURY 21 Valley Properties
16511 S Denver Avenue,Gardena, CA 90248
$3,200,000
  • 17 Beds
  • 16 Baths
  • 9,528 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan nikfarjam
Office: shield cre, inc.310-593-9869
MLS#:26857357
Source:CRMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$335.85

About this home

16-Unit Investment Opportunity in Gardena P.O.: 12-unit structure and 4-unit structure, situated on a large 12,831-SF corner lot. Favorable Rent Control Profile: 12 units were built in 1988 and are not subject to LA City Rent Control (AB 1482 only) and 4 units were built in 1965 and are subject to L.A. RSO. Large Corner Lot with ADU Potential: Expansive lot and ample parking areas present a desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.77% current cap rate and 10.91 GRM with upside to a 7.13% pro-forma cap rate and 9.41 GRM. Recent Capital Improvements: Features newer windows and doors, 6 renovated units, a new roof on the 12-unit building (2018), copper plumbing for both buildings, a new main water line, newer sewer line (2021/2022), and the property passed the SB 721 balcony inspection. Attractive Property Amenities: Gated property featuring 24 total parking spaces and an on-site laundry facility. Convenient South Bay...

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Home facts

  • Year built:1988
  • Listing ID #:26857357
  • Added:109 day(s) ago
  • Updated:October 26, 2026 at 11:13 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:16
  • Living area:9,528 sq. ft.

Structure and exterior

  • Year built:1988
  • Building area:9,528 sq. ft.
  • Lot area:0.29 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$335.85

Features and amenities

  • Appliances:Washer
  • Laundry features:Washer

Parking

  • Total parking spaces:24
  • Parking description:Covered, Garage, Tandem
  • Garage:Yes
  • Garage spaces:4
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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