Exceptional opportunity to acquire a well-maintained 4-unit apartment building in the heart of Gardena, offering strong current income with significant upside potential. The property consists of two spacious 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, providing an attractive unit mix for a wide range of tenants.Each unit benefits from individual yard space, garage parking, and additional side parking amenities that are highly desirable and help support long-term tenant retention. The property has been well cared, recently completed exterior paint, and upgraded plumbing. Currently occupied by long-term tenants paying below-market rents, this asset presents a clear value-add opportunity for investors seeking future rental growth and increased cash flow. With low maintenance requirements and competitive pricing, the property is well-positioned for repositioning to maximize both income and equity appreciation. Conveniently located in a high-demand rental market near major freeways, employment centers, shopping, dining, and public transportation, this is an ideal investment for both seasoned and first-time multifamily investors looking to build long-term wealth through real estate. BEST PRICED IN THE IMMEDIATE AREA
Property Details
Price:
$1,200,000
MLS #:
26849205
Status:
Active
Beds:
9
Baths:
7
Type:
Single Family
Neighborhood:
116northgateway
Listed Date:
Jun 18, 2026
Finished Sq Ft:
3,948
Total Sq Ft:
3,948
Lot Size:
6,532 sqft / 0.15 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Cooling
WW
Heating
WL
Levels
U
Exterior
Attached Garage YN
1
Financial
Map
Community
- Address16506 S Denver AV Gardena CA
- CityGardena
- CountyLos Angeles
- Zip Code90248
Market Summary
Current real estate data for Single Family in Gardena as of Jun 23, 2026
132
Single Family Listed
81
Avg DOM
391
Avg $ / SqFt
$826,863
Avg List Price
Property Summary
- 16506 S Denver AV Gardena CA is a Single Family for sale in Gardena, CA, 90248. It is listed for $1,200,000 and features 9 beds, 7 baths, and has approximately 3,948 square feet of living space, and was originally constructed in 1965. The current price per square foot is $304. The average price per square foot for Single Family listings in Gardena is $391. The average listing price for Single Family in Gardena is $826,863.
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