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$3,200,000

16511 S Denver Avenue

Gardena, CA 90248

Active

Beds

Baths

9,528

Sq. Ft.

1988

Year Built

Los Angeles

County

ResidentialIncome

Property Type

About this home

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.

Listed by Jonathan Nikfarjam · DRE #01856803 · Shield CRE, Inc.

MLS #1176679119

ListedJul 8, 2026

Property Details

Architecture

Stories3

StyleN/A

Total Units16

RoofN/A

Garage Spaces4

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryCommon Area, Laundry Room

Parking FeaturesCovered, Garage, Tandem

Parking Total24

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.29 ac

Lot FeaturesN/A

ViewN/A

DirectionsWest of Figueroa Street, South of Gardena Boulevard, East of 110 Freeway, North of 168th Street

Community

Area116 - North Gateway

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$17,032/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:15 PM

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