LKV Realty
Logo
$1,200,000
$6,000Reward *
16506 S Denver Avenue, Gardena, CA 90248Listing ID 26849205

16506 S Denver Avenue, Gardena, CA 90248

Contingent
Time on site: 54 daysLast updated: Jul 11, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
7
Square Feet
Square Feet
3,948
Acres
Acres
0.15
Days on Site
Days on Site
53
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Wall Furnace
Year Built
Year Built
1965
Stories
Stories
2

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

Property Information

Property Details

Location

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

Interior Features

Beds and Baths

Bedrooms
9

Building

Building Information

Square Feet
3,948
Year Built
1965
Stories
2

Financial

Special Conditions
Standard
Carlos VillegaseXp Realty of California Inc, (888) 584-9427

Market Report for 90248

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C114127