16506 S Denver Avenue, Gardena 90248

$1,200,000

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9

Beds

6

Baths

3,948

Square feet

6,532

Lot Size

4

# Of Units

About 16506 S Denver Avenue

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

Features of 16506 S Denver Avenue

MLS® # 26849205
Price $1,200,000
Sold Price $1,200,000
Bedrooms 9
Bathrooms 6.00
Square Footage 3,948
Lot Sqft 6,532
Acres 0.15
Year Built 1965
Type Residential Income
Status Closed
# Of Units 4

Community Information

Address 16506 S Denver Avenue
Area 116 - North Gateway
City Gardena
County Los Angeles
Zip Code 90248

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
Stories Two

Additional Information

Date Listed June 18th, 2026
Date Sold August 25th, 2026
Days on Market 13
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentCarlos Villegas
OfficeeXp Realty of California Inc

Listing Map

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