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$ 874,999
Est. payment /mo
Pending
16701 S Denver Avenue Gardena, CA 90248
5 Beds
3,048 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 3,048 sqft
Price per Sqft $287
MLS Listing ID CRPW25197083
Bedrooms 5
HOA Y/N No
Year Built 1965
Lot Size 5,067 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena, offering close proximity to major employment hubs and excellent freeway access. The property features a unit mix of (1) 2-Bed/1.5-Bath and (3) 1-Bed/1-Bath units, with 2 attached 2-car garages. The building totals 3,048 SF of living space on a 5,067 SF lot, priced attractively at $287.07/SF and $218,750 per unit. Current financials reflect a 4.24% CAP and 13.76 GRM, with a strong value-add opportunity to achieve an 7.29% market CAP and 9.55 GRM, representing 44% rental upside. The property benefits from a central South Bay location with easy access to the 110, 91, and 405 freeways, placing tenants within 20 minutes of Downtown Los Angeles, LAX, and Long Beach. With its strategic location, stable in-place income, and clear potential for growth, 16701 S Denver Ave represents a strong investment opportunity for value-add investors and 1031 exchange buyers seeking a well-positioned asset in the South Bay market.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 6121004011
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Woody Stahl • Lyon Stahl Investment Real Est