16523 South Denver Avenue

Gardena, CA 90248

$1,118,000
Last Sold Price
9
Beds
6
Baths
3,909 Sq. Ft.
$286 / Sq. Ft.
3,909
Sq. Ft.
$286
per Sq. Ft.

Description

Great opportunity in a Quadruplex Residential Income Property in the city of Gardena! Recently painted, New roof completed recently, Four Spacious Units, All Building with copper type ‘L’ water pipes and drains replaced, Cast iron tubs in all the units, front unit with spacious 3 bedrooms, 1 and 3/4 Ba; Midd unit with walk-in closet; Back two story unit with 2 Upstairs Bedrooms 1 full Bathroom, 1/4 downstairs Powder room and access to a nice back patio; Separate earthquake gas shut off valves for...Great opportunity in a Quadruplex Residential Income Property in the city of Gardena! Recently painted, New roof completed recently, Four Spacious Units, All Building with copper type ‘L’ water pipes and drains replaced, Cast iron tubs in all the units, front unit with spacious 3 bedrooms, 1 and 3/4 Ba; Midd unit with walk-in closet; Back two story unit with 2 Upstairs Bedrooms 1 full Bathroom, 1/4 downstairs Powder room and access to a nice back patio; Separate earthquake gas shut off valves for all four meters. Separate Water Heater and water control valves for each unit.
  1. Listed by Ricardo Cruz • DRE #01963036 • Brokerage DRE #01909400 • Nationwide Real Estate Execs

Property Details for 16523 South Denver Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3909
Assessor Parcel Number
6121-004-004
Property Attached YN
true

Location

Listing Courtesy of Nationwide Real Estate Execs, Ricardo Cruz, DRE #01963036

Sold By BRC Advisors BH, Avinash Narang, DRE #01448548

Add your commute
LISTING UPDATED: 04/05/2022 02:16 PM

Property Details for 16523 South Denver Avenue

StatusClosed
MLS #RS21083699
Days on Market278
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.13 AC / 5,601 SF
CountyLos Angeles County

Location

Listing Courtesy of Nationwide Real Estate Execs, Ricardo Cruz, DRE #01963036

Sold By BRC Advisors BH, Avinash Narang, DRE #01448548

Add your commute

Building Information for 16523 South Denver Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.13 AC / 5,601 SF

Payment Calculator

$7,316 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,101

Property Taxes

$1,215

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16523 South Denver Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,360
  • Gross Scheduled Income: $68,760
  • Net Operating Income: $49,002
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $16,158
  • New Taxes Expense: $5,865
  • Gardener Expense: $600
  • Electric Expense: $0
  • Insurance Expense: $1,133
  • Maintenance Expense: $1,000
  • Other Expense: $360
  • Other Expense Description: CLaundry
  • Trash Expense: $3,600
  • Water Sewer Expense: $3,600
  • Total Expenses: $16,158
Tax / Assessment Info
  • Tax Tract Number: 24318
  • Tax Census Tract: 2912.20
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Sprinkler System, Sprinklers Timer
  • Number Of Units: 4
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $1,280
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 16523 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 16523 South Denver Avenue

Taxable ValueLand$513,060Additions$627,300Total$1,140,360
Tax Record2023$14,575 ($1,215 / month)
Home Facts
Total Finished SqFt3,909 SqFtAbove Grade Finished SqFt3,909 SqFtLot Size5,601 SqFtStyleQuadraplexYear Built1965ZoningLAR3CountyLOS ANGELESAPN6121-004-004

Schools near 16523 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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Listing Courtesy of Nationwide Real Estate Execs, Ricardo Cruz, DRE #01963036

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.