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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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Woody Stahl • Lyon Stahl Investment Real Est
$874,999
Est. payment /mo
3,048 SqFt
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Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $287

MLS Listing ID CRPW25197083

HOA Y/N No

Year Built 1965

Lot Size 5,067 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

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

Fireplace No

Laundry Common Area

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Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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