Gardena, CA 90248,16701 S Denver Avenue
Gardena, CA 90248,16701 S Denver Avenue
Gardena, CA 90248,16701 S Denver Avenue
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$874,999
Est. payment /mo
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5 Beds
5 Baths
3,048 SqFt
Active

16701 S Denver Avenue Gardena, CA 90248

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $287

MLS Listing ID CRPW25197105

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1965

Lot Size 5,067 Sqft

Property Sub-Type Detached

Source Datashare California Regional

Property Description

16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena PO (Unincorporated LA), offering close proximity to major employment hubs and excellent freeway access. The property features a unit mix of (1) 2-Bed/1.5-Bath and (3) 1-Bed/1-Bath units, with 2 attached 2-car garages. The building totals 3,048 SF of living space on a 5,067 SF lot, priced attractively at $287.07/SF and $218,750 per unit. Current financials reflect a 4.24% CAP and 13.76 GRM, with a strong value-add opportunity to achieve an 7.29% market CAP and 9.55 GRM, representing 44% rental upside. The property benefits from a central South Bay location with easy access to the 110, 91, and 405 freeways, placing tenants within 20 minutes of Downtown Los Angeles, LAX, and Long Beach. With its strategic location, stable in-place income, and clear potential for growth, 16701 S Denver Ave represents a strong investment opportunity for value-add investors and 1031 exchange buyers seeking a well-positioned asset in the South Bay market.

Location

State CA

County Los Angeles

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Pool None

View None

Private Pool false

Building

Story 2

Water Public

Schools

School District Los Angeles Unified


Bay East AOR and Contra Costa AOR

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Violet Sinclaire

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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16701 S Denver Avenue