16928 S Berendo Avenue, Gardena, CA 90247

$1,150,000
8
BD
4
BA
3,143
SqFt

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Sold Price
$1,150,000
List Price
$1,150,000
Closing Date
Jun 26, 2026
Status
CLOSED
MLS#
26832381
Year Built
1949
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,143
Lot Size
6,754
Acres
0.16
Days on Market
41
Property Type
Multifamily
Stories
Two Levels

Property Description

We are pleased to present 16928 Berendo Ave, a well-positioned 4-unit investment opportunity consisting of 3 legal units and 1 non-conforming unit. The property features a large standalone 3-bedroom, 1-bathroom front house, providing a highly desirable layout for an owner-user or the ability to achieve premium rental income. The remaining units are located in the rear, allowing for a functional separation between living and income-producing components. The property offers strong owner-user appeal, with the ability to live in the front house while collecting income from the rear units to offset the mortgage. Additionally, property is well parked with a total of 5 parking spots. Priced to sell at a 12.13 GRM and 5.05% cap rate, the property is positioned competitively relative to current on-market comparables, offering investors attractive in-place returns with the potential for future growth. For more information, please reach out.

Additional Information

Appliances
Disposal, Refrigerator
Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: (jweir@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by Marie Ojeda from T.N.G. Real Estate Consultants

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.