16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena PO (Unincorporated LA), 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.
Sold for $799,000
Listed by: Lyon Stahl Investment Real Est • Woody Stahl • Contact: 310-425-9838
Bought with: Lyon Stahl Investment Real Estate, Inc.
$799,000
16701 S Denver Ave, Gardena, CA 90248
5beds
3,048sqft
Quadruplex
Built in 1965
-- sqft lot
$1,196,300 Zestimate®
$262/sqft
$6,745 Estimated rent
Home value
$1,196,300
$1.09M - $1.32M
$6,745/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Woody Stahl DRE #01399621 broker@lyonstahl.com,
Lyon Stahl Investment Real Est,
Brett Lyon DRE #01717818 310-706-4066,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Brett Lyon, DRE #01717818
Lyon Stahl Investment Real Estate, Inc.
Woody Stahl, DRE #01399621
Lyon Stahl Investment Real Est
Source: CRMLS,MLS#: PW25197105
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 5
- Main level bedrooms: 5
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Cooling
- None
Appliances
- Laundry: Common Area
Features
- All Bedrooms Up
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,048 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,067 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 6121004011
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking
Location
- Region: Gardena
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $264,019
- Annual tax amount: $4,093
- Date on market: 9/2/2025
- Cumulative days on market: 23 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $799,000-8.7%$262/sqft |
Source:  CRMLS #PW25197105 Report a problem | ||
| 9/26/2025 | Pending sale | $874,999$287/sqft |
Source: CRMLS #PW25197105 Report a problem | ||
| 9/2/2025 | Listed for sale | $874,999$287/sqft |
Source: CRMLS #PW25197105 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,093 +2% | $264,019 +2% |
| 2024 | $4,013 +1.8% | $258,843 +2% |
| 2023 | $3,942 +4.3% | $253,768 +2% |
| 2022 | $3,781 +1.8% | $248,793 +2% |
| 2021 | $3,715 -0.7% | $243,915 +1% |
| 2020 | $3,741 | $241,415 +2% |
| 2019 | $3,741 +5.8% | $236,682 +2% |
| 2018 | $3,535 | $232,043 +2% |
| 2017 | $3,535 +2.2% | $227,495 +2% |
| 2016 | $3,461 +3.3% | $223,035 +1.5% |
| 2015 | $3,350 +0.8% | $219,686 +2% |
| 2014 | $3,322 | $215,383 +2.5% |
| 2012 | -- | $210,207 +2% |
| 2011 | -- | $206,086 +0.8% |
| 2010 | -- | $204,547 -0.2% |
| 2009 | -- | $205,034 +2% |
| 2008 | -- | $201,014 +2% |
| 2007 | -- | $197,074 +2% |
| 2006 | -- | $193,211 |
| 2005 | -- | $193,211 +4% |
| 2004 | -- | $185,710 +1.9% |
| 2003 | -- | $182,307 +2% |
| 2002 | -- | $178,734 +4% |
| 2000 | -- | $171,796 |
Find assessor info on the county website
Neighborhood: 90248
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Nearby schools
GreatSchools rating
- 6/10Gardena Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Robert E. Peary Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Gardena Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,196,300
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Estimated market value
$1,196,300
- California
- Los Angeles County
- Los Angeles
- 90248
- 16701 S Denver Ave
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