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.
Property Details
Price:
$3,200,000
MLS #:
26857357
Status:
Active
Beds:
17
Baths:
16
Type:
Single Family
Neighborhood:
116northgateway
Listed Date:
Jul 8, 2026
Finished Sq Ft:
9,528
Total Sq Ft:
9,528
Lot Size:
12,831 sqft / 0.29 acres (approx)
Year Built:
1988
See this Listing
Schools
Interior
Laundry Features
CM, IR, WINC
Levels
U, C
Exterior
Garage Spaces
4
Parking Spots
24
Parking Total
24
Security Features
GC
Financial
Map
Community
- Address16511 S Denver AV Gardena CA
- CityGardena
- CountyLos Angeles
- Zip Code90248
Market Summary
Current real estate data for Single Family in Gardena as of Jul 11, 2026
134
Single Family Listed
85
Avg DOM
398
Avg $ / SqFt
$961,955
Avg List Price
Property Summary
- 16511 S Denver AV Gardena CA is a Single Family for sale in Gardena, CA, 90248. It is listed for $3,200,000 and features 17 beds, 16 baths, and has approximately 9,528 square feet of living space, and was originally constructed in 1988. The current price per square foot is $336. The average price per square foot for Single Family listings in Gardena is $398. The average listing price for Single Family in Gardena is $961,955.
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