16517 South Denver Avenue

Gardena, CA 90248

$1,200,000
Last Sold Price
9
Beds
2,628 Sq. Ft.
$457 / Sq. Ft.
2,628
Sq. Ft.
$457
per Sq. Ft.

Description

Great Investment opportunity with four spacious units. Well maintained. The building has recently been painted. Monthly Gross Rental Income $6,126. The rear unit is a townhouse 2 Bed 1.5 Bath with a private yard. Two are 2 Bed 1 Bath. Above the garages is a 3 Bed 2 Bath. 4 car garages with 4 additional off-street parking spaces plus additional storage rooms for each unit inside their corresponding garage.Great Investment opportunity with four spacious units. Well maintained. The building has recently been painted. Monthly Gross Rental Income $6,126. The rear unit is a townhouse 2 Bed 1.5 Bath with a private yard. Two are 2 Bed 1 Bath. Above the garages is a 3 Bed 2 Bath. 4 car garages with 4 additional off-street parking spaces plus additional storage rooms for each unit inside their corresponding garage.
  1. Listed by Tony Masciotti • DRE #01203934 • Brokerage DRE #01854035 • Keller Williams South Bay

Property Details for 16517 South Denver Avenue

View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2628

Location

Listing Courtesy of Keller Williams South Bay, Tony Masciotti, DRE #01203934

Sold By First American Team Realty Inc, Vincent Te, DRE #01972737

Add your commute
LISTING UPDATED: 04/12/2022 08:11 PM

Property Details for 16517 South Denver Avenue

StatusClosed
MLS #SB22000597
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.14 AC / 6,160 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams South Bay, Tony Masciotti, DRE #01203934

Sold By First American Team Realty Inc, Vincent Te, DRE #01972737

Add your commute

Building Information for 16517 South Denver Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.14 AC / 6,160 SF

Payment Calculator

$7,856 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,307

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16517 South Denver Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,512
  • Gross Scheduled Income: $73,512
  • Net Operating Income: $45,795
  • Laundry Income: $1,800
  • Financing: Conventional
Expense Details
  • Operating Expense: $27,717
  • New Taxes Expense: $13,362
  • Gardener Expense: $1,080
  • Fuel Expense: $560
  • Pest Control Expense: $900
  • Electric Expense: $755
  • Insurance Expense: $1,780
  • Maintenance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $3,100
  • Total Expenses: $27,717
Tax / Assessment Info
  • Tax Tract Number: 24318
  • Tax Census Tract: 2912.20
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Gas Water Heater
  • Equipment: Dryer, Dryer Included, Laundry Area, Washer, Washer Included
  • Interior Features: Ceiling Fan(s), Granite Counters, Storage, Tile Counters
  • Room Type: Kitchen, Living Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile
Exterior Features
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Shingle
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Block, Wrought Iron
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Landscaped, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage Faces Front
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,489
  • Unit Type Total Rent: $1,489
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,273
  • Unit Type Total Rent: $1,273
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,411
  • Unit Type Total Rent: $1,411
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,803
  • Unit Type Total Rent: $1,803
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4

Property History for 16517 South Denver Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16517 South Denver Avenue

Taxable ValueLand$550,800Additions$673,200Total$1,224,000
Tax Record2023$15,679 ($1,307 / month)
Home Facts
Total Finished SqFt3,909 SqFtAbove Grade Finished SqFt3,909 SqFtLot Size6,160 SqFtStyleQuadraplexYear Built1965ZoningLAR3CountyLOS ANGELESAPN6121-004-003

Schools near 16517 South Denver Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gardena Elementary School
PublicK to 5

New Designs Charter School-Watts
Charter6 to 12

Gardena Senior High School
Public9 to 12

Moneta Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams South Bay, Tony Masciotti, DRE #01203934

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.