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$3,200,000
17 Beds ⋅ 16 Baths ⋅ 26857357 MLS ⋅ Active Status
16-Unit Investment Opportunity in Gardena P.O.: 12-unit structure and 4-unit structure, situated on a large 12,831-SF corner lot. Favorable Rent Control Profile: 12 units were built in 1988 and are not subject to LA City Rent Control (AB 1482 only) and 4 units were built in 1965 and are subject to L.A. RSO. Large Corner Lot with ADU Potential: Expansive lot and ample parking areas present a desirable opportunity to add ADUs (Buyer to Verify). Strong Cash Flow & Rental Upside: Offering a 5.77% current cap rate and 10.91 GRM with upside to a 7.13% pro-forma cap rate and 9.41 GRM. Recent Capital Improvements: Features newer windows and doors, 6 renovated units, a new roof on the 12-unit building (2018), copper plumbing for both buildings, a new main water line, newer sewer line (2021/2022), and the property passed the SB 721 balcony inspection. Attractive Property Amenities: Gated property featuring 24 total parking spaces and an on-site laundry facility. Convenient South Bay Location: Located approximately one-half mile from Artesia Boulevard and in close proximity to Pacific Square Shopping Center & Gardena Marketplace.

16511 S Denver Avenue, Gardena
$825,000
5 Beds ⋅ 3 Baths ⋅ OC26137873 MLS ⋅ Active Under Contract Status
Opportunity awaits in Gardena! Situated on a quiet cul-de-sac, this spacious property offers 5 bedrooms and 3 bathrooms, plus a non-permitted 1-bedroom, 1-bathroom addition and garage conversion, providing flexible living arrangements and exceptional income-producing potential. Set on a large lot, this property is ideal for buyers looking to maximize value with the possibility of adding an ADU while still maintaining ample parking. Whether you're an investor, multi-generational household, or owner-occupant seeking rental income opportunities, this home offers endless possibilities. Conveniently located just minutes from Costco, popular shopping centers, restaurants, and easy access to the 91 Freeway, you'll enjoy both comfort and convenience. With strong rental income potential and room to expand, this is a rare opportunity to own a versatile property in a desirable Gardena location!

16318 S Denver Avenue, Gardena

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.