16511 S Denver Ave, Gardena, CA 90248
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16511 S Denver Ave, Gardena, CA 90248
16511 S Denver Ave, Gardena, CA 90248
16511 S Denver Ave, Gardena, CA 90248
16511 S Denver Ave, Gardena, CA 90248
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Cristian Farias

Cristian Farias

+1(619) 808-6567
$ 3,200,000
Est. payment /mo
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16511 S Denver Ave Gardena, CA 90248

17 Beds

16 Baths

9,528 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,528 sqft

Price per Sqft $335

MLS Listing ID 26857357

Bedrooms 17

Year Built 1988

Annual Tax Amount $40,000

Lot Size 0.295 Acres

Acres 0.2945

Property Sub-Type Multi-Family

Property Description

16-Unit Investment Opportunity in Gardena P.O.: 12-unit structure and 4-unit structure, situated on a large 12,831-SF corner lot. Favorable Rent Control Profile: 12 units were built in 1988 and are not subject to LA City Rent Control (AB 1482 only) and 4 units were built in 1965 and are subject to L.A. RSO. Large Corner Lot with ADU Potential: Expansive lot and ample parking areas present a desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.77% current cap rate and 10.91 GRM with upside to a 7.13% pro-forma cap rate and 9.41 GRM. Recent Capital Improvements: Features newer windows and doors, 6 renovated units, a new roof on the 12-unit building (2018), copper plumbing for both buildings, a new main water line, newer sewer line (2021/2022), and the property passed the SB 721 balcony inspection. Attractive Property Amenities: Gated property featuring 24 total parking spaces and an on-site laundry facility. Convenient South Bay Location: Located approximately one-half mile from Artesia Boulevard and in close proximity to Pacific Square Shopping Center & Gardena Marketplace.

Location

State CA

County Los Angeles

Area North Gateway

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Washer, Gas Dryer Hookup

Laundry Room, Laundry Area, Community

Exterior

Parking Features Garage, Covered Parking, Tandem

Garage Spaces 24.0

Building

Story 3

Level or Stories Two, Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Shield CRE, Inc.
Cristian Farias

Cristian Farias

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+1(619) 808-6567

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16511 S Denver Ave