16701 S Denver Ave Gardena, CA 90248
Harbor Gateway NeighborhoodEstimated payment $5,064/month
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Est Brokerage Email: broker@lyonstahl.com License #01399621 Listed on: 09/02/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Email: broker@lyonstahl.com License #01717818
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,013
Year Built
- Built in 1965
Lot Details
- 5,067 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Property Attached
Interior Spaces
- 3,048 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 24318
- Assessor Parcel Number 6121004011
- $898 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $4,572
- Maintenance Expense $3,180
- Other Expense $3,400
- New Taxes Expense $10,937
- Operating Expense $23,289
- Gross Income $60,420
- Net Operating Income $37,131
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,013 | $264,019 | $101,543 | $162,476 |
| 2024 | $4,013 | $258,843 | $99,552 | $159,291 |
| 2023 | $3,942 | $253,768 | $97,600 | $156,168 |
| 2022 | $3,781 | $248,793 | $95,687 | $153,106 |
| 2021 | $3,715 | $243,915 | $93,811 | $150,104 |
| 2019 | $3,614 | $236,682 | $91,030 | $145,652 |
| 2018 | $3,535 | $232,043 | $89,246 | $142,797 |
| 2016 | $3,350 | $223,035 | $85,782 | $137,253 |
| 2015 | $3,298 | $219,686 | $84,494 | $135,192 |
| 2014 | $3,322 | $215,383 | $82,839 | $132,544 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $874,999 | -- | $287 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25197083
APN: 6121-004-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 16619 S Denver Ave
- 16122 S Denver Ave
- 16101 S Figueroa St
- 15813 Bonsallo Ave
- 764 W 173rd Place
- 736 W 158th St
- 17002 S Catalina Ave
- 850 W 157th St Unit 7
- 850 W 157th St Unit 6
- 1256 W Gardena Blvd
- 1308 W 163rd St Unit 1
- 17020 Steven St
- 1119 Magnolia Ave Unit 17
- 1346 W 163rd St
- 1239 W Cassidy St
- 447 E Moorehaven Dr
- 435 E Gardena Blvd Unit 42
- 15549 S Budlong Place Unit 2
- 15505 S Budlong Place
- 17701 Avalon Blvd Unit 400
- 16201 S Figueroa St
- 16126 S Ainsworth St Unit Front B
- 1026 W 168th St Unit 1024
- 1034 168th St W Unit 1034
- 17037 S Vermont Ave
- 17037 S Vermont Ave Unit 108
- 17057 S Vermont Ave Unit 117
- 1211 W 164th St Unit 1
- 1030 Magnolia Ave
- 1029 Magnolia Ave
- 760 W Redondo Beach Blvd
- 16819 S Normandie Ave
- 15305 S Berendo Ave Unit 16
- 1315 Magnolia Ave
- 16015 Halldale Ave
- 16015 Halldale Ave
- 15717 Brighton Ave
- 16947 S Dalton Ave Unit B
- 1419 W 179th St Unit 16
- 1419 W 179th St