16701 S Denver Ave - Multi-Family FOR SALE


Gardena, CA 90248- Harbor Gateway North
$874,999 USD
310-780-1899
16701 S Denver Ave, Gardena, CA for Sale
$874,999 USD
Multi-Family - FOR SALE
1/15
null | 4.24% Cap Rate

16701 S Denver Ave
Gardena, CA 90248
Harbor Gateway North


HIGHLIGHTS

  • 4 Unit Apartment Building in Gardena P.O. (Subject to LA RSO)
  • 3,048 SF Building on a Large 5,067 SF Lot
  • Unit Mix: (1) 2-Bed/1.5-Bath Units | (3) 1-Bed/1-Bath Units
  • 4.24% CAP & 13.76 GRM
  • Strong Upside Potential with an 9.55 Market GRM and 7.29% Market CAP | 44% Rental Upside
  • Easy Access to the 110,91, and 405 Freeways – Under 20 minutes to downtown LA, LAX, and Long Beach

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$874,999 USD

PRICE/SF

$287 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

4.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Units in Gardena PO

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

6121-004-011

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.