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$3,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 17 Total Beds
  • 4 Car Garage
  • Updated 1 hour ago
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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.

Full Property Details for 16511 S Denver Ave

General

  • Price: $3,200,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26857357
  • Updated: Today (7/8/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 16

Bedrooms

  • Total Bedrooms: 17

Other Rooms

  • Laundry: Room, Laundry Area, Community

Additional Information

  • Security/Safety: Gated
  • Other Features: Other

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Covered Spaces: 12
  • Garage Description: Garage, Covered Parking, Tandem

Location

  • Area: North Gateway
  • County: Los Angeles
  • Cross Streets: Denver Avenue & Gardena Boulevard
  • Driving Directions: West of Figueroa Street, South of Gardena Boulevard, East of 110 Freeway, North of 168th Street

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • # Gas Meters: 16
  • # Electric Meters: 16

Structural Information

  • # Buildings: 2
  • Stories/Levels: 3
  • Square Feet: 9,528
  • Sq. Ft. Source: Estimated
  • Year Built: 1988
  • Year Built Source: Other

Unit Information

  • Units in Complex: 16
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.2945
  • Lot Size: 12831
  • Lot Size Source: Estimated
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $335.85
  • Price Per Unit: 200000
  • Assessment Year: 1988

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 6121-004-038

Listed by Shield CRE, Inc., Jonathan Nikfarjam

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Listing agent

— 16511 S Denver Ave —

  • Jonathan Nikfarjam

    Shield CRE, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16511 S Denver Ave

School District:Los Angeles Unified School District
NameGradesDistance
Gardena Elementary School
647 West Gardena Boulevard, Gardena, CA 90247
K-50.2 mi
Robert E. Peary Middle School
1415 West Gardena Boulevard, Gardena, CA 90247
6-80.9 mi
Gardena Senior High School
1301 West 182nd Street, Gardena, CA 90248
9-121.3 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 16511 S Denver Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$3,200,000
63.68%
MLS
5/04/2017
Sold
$1,955,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16511 S Denver Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,171
3%
$2,268,940
4%
2023
$29,197
5%
$2,180,836
2%
2022
$27,917
1%
$2,138,075
2%
2021
$27,531
-1%
$2,096,153
1%
2020
$27,785
4%
$2,074,661
2%
2019
$26,743
1%
$2,033,982
2%
2018
$26,443
147%
$1,994,100
190%
2017
$10,712
3%
$687,062
2%
2016
$10,372
2%
$673,592
2%
2015
$10,217
-1%
$663,475
2%
2014
$10,318
—
$650,480
—
2013
$10,282
—
$647,541
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Shield CRE, Inc., Jonathan Nikfarjam

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16511 S Denver Ave, Gardena, CA 90248 (MLS# 26857357) is a Multi-Family property with units containing 17 bedrooms and 0 full bathrooms. 16511 S Denver Ave is currently listed for $3,200,000 and was received on July 08, 2026. Want to learn more about 16511 S Denver Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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