CA > Gardena
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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$874,999
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5 Beds
5 Baths
3,048 SqFt
Pending

16701 S Denver Avenue Gardena, CA 90248

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $287

MLS Listing ID PW25197105

Bedrooms 5

Full Baths 5

Year Built 1965

Lot Size 5,067 Sqft

Property Sub-Type All Other Attached

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

Zoning LAR3

Direction Near the corner of S Denver Ave and W Gardena Blvd

Interior

Fireplace No

Exterior

Garage Spaces 4.0

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 6121004011

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Woody Stahl Lyon Stahl Investment Real Est

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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16701 S Denver Avenue

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