Realty Solution
Powered by 
- 0
- 10
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
Listed by: Jonathan Nikfarjam (310) 593-9868 DRE #01856803 | Shield CRE, Inc. (310) 593-9869
$3,200,000
Monthly Est:$15,928
17 Beds
16 Baths
9,528sqft
16511 S Denver Ave, Gardena, CA 90248
$3,200,000
$15,928/moEst:
Get Pre-Approved
Multi Family
Built in 1988
$-- HOA
12,831 sqft lot
$336/sq.ft
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.
- Houzeo last checked: 2 hours ago
- Listing updated: August 20, 2026 at 6:06 pm
- Source: California Regional MLS-CA | MLS#: 26857357
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1988
HOA Fees
-
Finished Area
9,528 sqft
Lot Size
12,831 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26857357
MLS Status
Active
Days on Market
92
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 16
Interior
Appliances
Washer
Utilities & Energy
Security Features
Gated Community
Laundry Features
Common Area, Laundry Room
Parking Features
Covered, Garage, Tandem
Other Features
Community Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
07/08/2026 Source: | Listed for Sale | $3,200,000 +63.68% $336/sqft |
06/17/2017 Source: | Sold | $1,955,000 $205/sqft |
Find Homes by Property Features in Gardena, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage