16619 S Denver S Avenue, Gardena, California 90248, Gardena, 90248 - bed, bath
ACTIVE$1,199,000
16619 S Denver S Avenue, Gardena, California 90248
0Bed
0Bath
3,048Sqft
5,046Lot
Year Built
1965
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
PV21265949
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.20M(50th), sqft - 3048(50th), beds - undefined(50th), baths - undefined(50th).
NEW INCREASED RENTS ...4 Units (1) Townhouse Style Unit with 2 bedrooms, 1 1/2 Baths and Private Back Yard! Perfect for Owner Occupied. (3) 1 bedroom 1 Bath Units... 4 Enclosed Attached Garages With additional off street parking.
Price History
Date
Event
Price
03/02/20
Sold
$899,000
05/27/04
Sold
$485,000
07/02/02
Sold
$269,000
12/19/00
Sold
$69,000
07/21/94
Sold
$21,100
Condition Rating
Poor
Built in 1965, this property is nearly 60 years old. The listing explicitly lacks renovation details, and the AI analysis suggests interiors are likely dated and require investment. The exterior images show a weathered building with visible window AC units, indicating outdated systems. Without interior photos, it's highly probable that kitchens, bathrooms, flooring, and major systems are original or very old, requiring substantial repairs and rehabilitation to meet current standards and maximize rental appeal.
Pros & Cons
Pros
Income-Generating Quadruplex: The property is a quadruplex, offering a robust residential income opportunity with four distinct units.
Owner-Occupant Potential: Includes a desirable townhouse-style unit with 2 bedrooms, 1.5 baths, and a private backyard, ideal for an owner-occupant to live in one unit while collecting rent from the others.
Recent Rent Increases: Explicitly states 'NEW INCREASED RENTS,' indicating improved cash flow and a positive outlook for rental income generation.
Ample Parking: Features four enclosed attached garages plus additional off-street parking, a significant amenity for tenants in a multi-unit property.
Diverse Unit Mix: Offers a versatile unit composition with one 2-bedroom townhouse and three 1-bedroom units, appealing to a broader range of potential tenants.
Cons
Property Age: Built in 1965, the property is over 50 years old, which may suggest aging infrastructure, systems (plumbing, electrical), and potential for deferred maintenance or capital expenditures.
Extended Market Time: The property has been on the market since December 2021, which could indicate overpricing, condition issues, or other factors deterring potential buyers.
Lack of Renovation Details: The description does not specify any recent renovations or upgrades to the units, implying interiors might be dated and require investment to maximize rental value or tenant appeal.