16506 S Denver Avenue, Gardena, CA 90248
Property · 2 recorded sales since 2013
Sold August 2026
Listing Agent: Carlos Villegas (DRE #01775788) · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: Shegun Alabi · Victory Realty Group · MLS #26849205 · Source: CRMLS
About this property
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 description from the August 2026 sale, as reported to CRMLS.
Sale history
