Gardena, CA 90248,16701 S Denver Avenue
Listed by Woody Stahl • Lyon Stahl Investment Real Est
Bought with Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$799,000
$874,999
8.7%
Est.Price: ?

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3,048 SqFt

16701 S Denver Avenue Gardena, CA 90248

Est. payment /mo
SOLD DATE : 11/07/2025

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Key Details

Sold Price $799,000

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $262

MLS Listing ID CRPW25197083

Year Built 1965

Lot Size 5,067 Sqft

Property Sub-Type OTHER

Property Description

16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena, 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

Laundry Common Area

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Peter Cheung

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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