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$799,000
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Property Description
16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena PO (Unincorporated LA), offering close proximity to major employment hubs and excellent freeway access. The property features a unit mix of (1) 2-Bed/1.5-Bath and (3) 1-Bed/1-Bath units, with 2 attached 2-car garages. The building totals 3,048 SF of living space on a 5,067 SF lot, priced attractively at $287.07/SF and $218,750 per unit. Current financials reflect a 4.24% CAP and 13.76 GRM, with a strong value-add opportunity to achieve an 7.29% market CAP and 9.55 GRM, representing 44% rental upside.
The property benefits from a central South Bay location with easy access to the 110, 91, and 405 freeways, placing tenants within 20 minutes of Downtown Los Angeles, LAX, and Long Beach. With its strategic location, stable in-place income, and clear potential for growth, 16701 S Denver Ave represents a strong investment opportunity for value-add investors and 1031 exchange buyers seeking a well-positioned asset in the South Bay market.
Full Property Details
Full Property Details for 16701 S Denver Ave
General
- Sold For: $799,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25197105
- Added to Site: 136 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: Los Angeles
- Driving Directions: Near the corner of S Denver Ave and W Gardena Blvd
School Information
- School District: Los Angeles Unified
Community
- Community Features: Biking
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Common Walls: 2 Common Walls (or More)
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,048
- Sq. Ft. Source: Assessor
- Year Built: 1965
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1163
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $262.14
Disclosures and Reports
- Special Conditions: Standard
Listed and Sold by Lyon Stahl Investment Real Est, Woody Stahl and Lyon Stahl Investment Real Estate, Inc., Brett Lyon
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Schools
Schools serving 16701 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 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16701 S Denver Ave
Date
Details
Price
Change
Source
11/07/2025
Sold
$799,000
-8.69%
MLS
9/02/2025
Listed
$874,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16701 S Denver Avenue, Gardena, CA 90248 (MLS# PW25197105) is a Multi-Family property that was sold at $799,000 on November 07, 2025. Want to learn more about 16701 S Denver Avenue? 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.

