16506 S Denver Avenue, Gardena, CA 90248
List Price: $1.2M
Listing Status: Active
0Days on Market: 0
9 Bedrooms · 7 Bathrooms · 3,948 sq ft
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 6,532 sq ft
MLS Number: 26849205
About This Property
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
Listing provided by: Carlos Villegas DRE #01775788 888-584-9427 mybrokercarlosv@gmail.com, eXp Realty of California Inc
Source: CRMLS, MLS #: 26849205
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.