This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,200,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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
Full Property Details
Full Property Details for 16506 S Denver Ave
General
- Sold For: $1,200,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26849205
- Added to Site: 95 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: None
Parking
- Garage Description: Attached, Detached
Location
- Area: North Gateway
- County: Los Angeles
- Driving Directions: Waze.com
Heating & Cooling
- Cooling Type: Window Unit(s), Wall/Window
- Heating Type: Wall
Structural Information
- # Buildings: 4
- Stories/Levels: 0
- Square Feet: 3,948
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1965
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1499
- Lot Size: 6532
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $303.95
- Assessment Year: 1965
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6121-004-020
Listed by eXp Realty of California Inc, Carlos Villegas
Sold by Victory Realty Group, Shegun Alabi
Get Pre-Approved Today
Schools
Schools serving 16506 S Denver Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gardena Elementary School 647 West Gardena Boulevard, Gardena, CA 90247 | K-5 | 0.2 mi |
Robert E. Peary Middle School 1415 West Gardena Boulevard, Gardena, CA 90247 | 6-8 | 0.9 mi |
Gardena Senior High School 1301 West 182nd Street, Gardena, CA 90248 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16506 S Denver Ave
Date
Details
Price
Change
Source
8/25/2026
Sold
$1,200,000
—
MLS
6/18/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16506 S Denver Ave, Gardena, CA 90248 (MLS# 26849205) is a Multi-Family property that was sold at $1,200,000 on August 25, 2026. Want to learn more about 16506 S Denver Ave? Do you have questions about finding other Multi-Family real estate for sale in Gardena? You can browse all Gardena real estate or contact a Coldwell Banker agent to request more information.

