About 16511 S Denver Avenue
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.
Features of 16511 S Denver Avenue
| MLS® # | 26857357 |
|---|---|
| Price | $3,200,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 9,528 |
| Acres | 0.29 |
| Year Built | 1988 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 16511 S Denver Avenue |
|---|---|
| Area | 116 - North Gateway |
| City | Gardena |
| County | Los Angeles |
| Zip Code | 90248 |
Amenities
| Parking Spaces | 24 |
|---|---|
| Parking | Covered, Garage, Tandem |
| # of Garages | 4 |
| Garages | Covered, Garage, Tandem |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Two, Three Or More |
Additional Information
| Date Listed | July 8th, 2026 |
|---|---|
| Days on Market | 67 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jonathan Nikfarjam |
|---|---|
| Office | Shield CRE, Inc. |