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16506 S Denver Ave

gardena, CA 90248

$1,200,000

  • 9 BR
    approx. 3,948 SF
  • Contract signed

Interested? Let's Connect

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

Details

3,948 Sq Ft

6,532 Sq Ft Lot Size

investment

Built in 1965

MLS/Listing ID 26849205

4 Units

Amenities & Features

Parking - Detached

Cooling - Window Units

Parking - Attached

Interested In 16506 S Denver Ave?