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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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16511 S Denver Avenue Gardena, CA 90248
$3,200,000 17 beds, 16 baths
9, 528 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26857357
List price is $3,200,000
Beds: 17
Baths: 16
Built in 1988
9,528 sqft
2 stories
0.29 acres
Lot size: 0.2946
County: Los Angeles
Zoning: LAR3
Appliances: Washer
Parking description: Covered,Garage,Tandem
MLS area: 116 - North Gateway

Last Updated: 9/14/2026

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This listing belongs to the 116 - North Gateway MLS area

Lat/Long: 33.881443, -118.283989.
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Listing Agent: Jonathan Nikfarjam
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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18302 Irvine Blvd, Suite 240
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