LOCALLA

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Sold for $1,200,000

$1,200,000

9 beds · 7 baths · 3,948 sqft

16506 Denver Ave Gardena CA 90248

Residential Income

Built 1965

N/A

$304/sqft

No HOA

N/A

What's Special

None

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

Days On Market: 13

Listing updated: August 25, 2026 at 05:43 PM

Listed by: Carlos Villegas DRE #01775788, eXp Realty of California Inc

mybrokercarlosv@gmail.com

Source: CLAW    MLS#: 26849205

Features & Facts

Interior

  • Bedrooms: 9
  • Bathrooms: 7
  • Square Feet: 3948
  • Year Built: 1965

Contact a Buyer's Agent

Connect with Tony O'Brien — REALTOR, The Sher Group & LOCALLA

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The Sher Group and Tony O'Brien are not mortgage brokers or lenders and do not provide financing. If you opt in, we may refer you to a third-party licensed mortgage professional. We do not guarantee loan approval, rates, or terms.

MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 10/9/2026, 12:40:35 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity