ASSET 7-unit apartment located in Gardena. No local rent control – defaults to AB 1482. The property was built in 1985 and is comprised of (one) 3-bedroom/2.5-bathroom townhouse, (one) 3-bedroom/2-bathroom unit, (one) 2-bedroom/2-bathroom unit and (four) 2-bedroom/1-bathroom units. Situated on a large 11,436-SF lot, the property is gated and features private balconies, new hot water heater with new circulation pump (2025), an on-site laundry facility and a total of 15 parking spaces. The large lot presents a desirable opportunity to add ADUs. LOCATION 16105 S. Denker Avenue is located in a desirable pocket of Gardena, south of Redondo Beach Boulevard. The asset is just two blocks from the Pacific Square Shopping Center and in close proximity to Gardena Market Place the many retail shops, restaurants, entertainment, and shopping centers of the area. FINANCIALS This 7,323-SF apartment presents a tremendous value-add opportunity with rents that are +/-58% below market. Priced at a pro-forma cap rate of 7.62% and pro-forma GRM of 9.77, the asset provides spectacular upside potential in an incredibly strong location. Disclosure: Gardena is not subject to local rent control; however, Gardena has Rent Mediation. Please do not disturb tenants. Buyer to conduct their own due diligence and investigation.