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  • 16506 S Denver Avenue

16506 S Denver Avenue, Gardena, CA 90248

$1,200,000 Approx. USD 9 beds, 7 baths
3,948 sqft
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Photo of Steff Boardman

Steff Boardman REALTOR® - Sales Associate 818-425-0422 m
818-528-3200 o
Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com Text Me
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Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Carlos Villegas | mybrokercarlosv@gmail.com
Lic#: 01775788
Broker: Courtesy of eXp Realty of California Inc
Phone: 661-619-7335

Agent Remarks

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

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 26849205
Price: $1,200,000
Beds: 9
Baths: 7
Built in 1965
3,948 sqft
2 stories
0.15 acres
Lot size: 0.1500
County: Los Angeles
Zoning: LAR3
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 116 - North Gateway

Last Updated: 7/11/2026

 Days On Market (DOM): 23

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This listing belongs to the 116 - North Gateway MLS area

Lat/Long: 33.881588, -118.283469.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Steff Boardman

Steff Boardman REALTOR® - Sales Associate 818-425-0422 m
818-528-3200 o
Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com Text Me
Call My Cell
Call My Office
Lic#: 01298709
NRDS ID: 207012459
steff4homes@aol.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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