16609 S Denver Ave, Gardena, CA 90248

16609 S Denver Ave, Gardena, CA 90248

Gardena, CA
$1,335,000

Property Description

16609 S Denver Ave is a well-positioned 4-Unit building in Gardena. Built in 1965, the 3,909 SF building sits on a 5,649 SF lot, and features (1) 3-bed/2-bath units, (1) 2-bed/1.5-bath units, and (2) 2-Bed/1-Bath Units. The property also includes a total of 8 parking spaces, a gated driveway, on-site laundry, and a private back yard. Given the ideal location just east of the 110 Freeway, this is a great opportunity for any Los Angeles CRE investor to maximize their income stream.

Property Features

  • Sale Price: $1,335,000
  • Area Size: 3,909 SF
  • Year Built: 1965
  • Listing Date: March 4, 2022
  • Units: 4
  • Current GRM: 14.05
  • Current Cap Rate: 5.02%
  • Market GRM: 13.06
  • Market Cap Rate: 5.54%

Lyon Stahl Investment Real Estate

Keep In Touch