Multi-Family for sale in Southern California — $1,200,000. 9 beds · 7 baths · 3,948 sqft. Exceptional opportunity to acquire a well-maintained 4-unit apartment building in the heart of Gardena, offering strong current income with significant upside potential. The property consists of two spacious 3-bedroom…
$1,200,000
16506 S Denver Avenue, Gardena, CA 90248
Exceptional opportunity to acquire a well-maintained 4-unit apartment building in the heart of Gardena, offering strong current income with significant upside potential. The property consists of two spacious 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, providing an attractive unit mix for a wide range of tenants.Each unit benefits from individual yard space, garage parking, and additional side parking amenities that are highly desirable and help support long-term tenant retention. The property has been well cared, recently completed exterior paint, and upgraded plumbing. Currently occupied by long-term tenants paying below-market rents, this asset presents a clear value-add opportunity for investors seeking future rental growth and increased cash flow. With low maintenance requirements and competitive pricing, the property is well-positioned for repositioning to maximize both income and equity appreciation. Conveniently located in a high-demand rental market near major freeways, employment centers, shopping, dining, and public transportation, this is an ideal investment for both seasoned and first-time multifamily investors looking to build long-term wealth through real estate. BEST PRICED IN THE IMMEDIATE AREA
Listing updated: July 11, 2026 at 8:08 AM
Listed by: Carlos Villegas, eXp Realty of California Inc
Source: CRMLS, MLS#: 26849205, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/18/2026 Source: CRMLS, #26849205 | Listed for sale | $1,200,000$304/sqft |
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