16511 S Denver Avenue, Gardena, CA — listing photo 1
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FOR SALE

16511 S Denver Avenue

Gardena, CA 90248
17 Beds
16 Baths
9,528 Sq Ft
Built 1988
$3,200,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1988
Living area
9,528 sq ft
Lot size
12,831 sq ft
Parking
24 spaces
Garage
4 spaces
Stories
3
Days on market
43
MLS status
Active
Zoning
LAR3

Features & Amenities

Appliances

  • Washer

Parking

  • Covered
  • Garage
  • Tandem

Security

  • Gated Community

Location & Neighborhood

16511 S Denver Avenue

Gardena, CA 90248

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Frequently Asked Questions About 16511 S Denver Avenue

Property type: Residential Income

The current asking price is $3,200,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 16511 S Denver Avenue. Our team will confirm availability and timing.
This 17 bedrooms and 16 bathrooms property offers approximately 9,528 square feet of living space. It was built in 1988. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Gardena, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Gardena property.
The MLS currently reports the property as Active. It has been listed for 43 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Jonathan Nikfarjam
MLS ID: CLW-C100141

Available property

$3,200,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.