16511 S Denver Avenue, Gardena, CA 90248

• 17 beds |
• 16 baths |
• 9,528 sqft

Property Description

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 Status:

Active

Date Added:

July 8, 2026

Data Last Updated:

September 23, 2026 at 6:16AM

Listing Office:

Shield CRE, Inc. : 310-593-9869

Listing Agent:

Jonathan Nikfarjam : 310-593-9868

MLS ID:

26857357

Interior

• Appliances: Washer
• Laundry: Common AreaLaundry Room

Exterior

• Parking: CoveredGarageTandemParking spaces: 24

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR36121004038

Financial

• Source: CRMLS_CL