16506 S Denver Ave, Gardena, CA 90248
MULTI_FAMILY - Gardena, CA
- Added:
- Jun 18, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 19 at 2:06 am
Property Features for 16506 S Denver Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 9
- Bathrooms
- 7
- Rooms
- Bedroom 5, Bathroom 7, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 8, Bedroom 9, Bedroom 2, Bedroom 4, Bathroom 2
- Standard status
- Active
- APN
- 6121-004-020
- Size
- 3,948 SF
- Lot size
- 0.15 Acres
Utilities
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 4
Listing agent Carlos Villegas License #01775788 (661) 619-7335
Listing office eXp Realty of California Inc 2603 Camino Ramon, Eureka, CA (888) 584-9427
Listing date Jun 18, 2026
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑unit apartment building built in 1965
- Unit mix: two 3‑bedroom, 2‑bath units; one 2‑bedroom, 1‑bath unit; one 1‑bedroom, 1‑bath unit
- Each unit includes individual yard space
- Garage parking plus additional side parking for residents
- Recently completed exterior paint and upgraded plumbing
- Currently occupied by long‑term tenants paying below‑market rents
Overview
Located at 16506 S Denver Ave in Gardena, CA 90248, the property is positioned for renter convenience with access to major freeways, employment centers, shopping, dining, and public transportation, all noted in the offering. The property is zoned LAR3.
The building is currently occupied by long-term tenants paying below-market rents, creating a straightforward basis for stabilizing and aligning rents over time. With recent exterior improvements and completed plumbing upgrades, the property’s current condition may appeal to investors and owner-operators looking for a manageable multifamily asset with an established tenant base.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.6k | $27.00 |
| − Vacancy | −$8.1k | −$2.05 |
| EGI | $98.5k | $24.95 |
| − OpEx | −$29.5k | −$7.48 |
| NOI | $68.9k | $17.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gardena
- County
- Los Angeles
- State
- California
- Longitude
- -118.283469
- Latitude
- 33.881588
